SBI Holdings, Solana Foundation partner to build Japan-based onchain financial market

The Block·

SBI Holdings, Solana Foundation partner to build Japan-based onchain financial market

60-second summary

SBI Holdings and the Solana Foundation are partnering to create a Japan-based onchain financial market, with SBI R3 rebranding as SBI Solana Global. This strategic collaboration aims to leverage Solana's blockchain technology, expanding SBI's financial services offerings and enhancing the adoption of decentralized finance in Japan, a significant market for global financial institutions.

SBI and the Solana Foundation are collaborating to build an onchain financial market with SBI R3 rebranding to SBI Solana Global.