Japan’s SBI forms new blockchain ties with Circle, Ripple and Startale

SBI partners with Circle, Ripple and Startale to launch stablecoin ventures and a tokenized asset trading platform in Japan.

Japanese financial conglomerate SBI inked new blockchain partnerships with USDC issuer Circle, XRP developer Ripple and the Web3 company Startale.

SBI Group announced the three separate partnerships on Friday, including stablecoin-related collaborations with US companies Circle and Ripple, and a new tokenization project with Singapore-based Startale.

In cooperation with Startale, SBI plans to build an onchain trading platform for tokenized stocks and real-world assets (RWAs) to enable 24/7 trading.

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