SBI and DigiFT Launch JX — World's First Tokenized Japanese High-Dividend Equity Fund on Solana

SBI Global Asset Management has launched what it calls the world’s first tokenized Japanese equity fund, bringing a high‑dividend Japan equity strategy on‑chain via the Solana blockchain. Announced July 15, the new product — the SBI Japan High Dividend Equity Strategy Token (JX token) — was issued in partnership with DigiFT, a regulated real‑world‑asset exchange. The JX token gives accredited and institutional investors blockchain‑based exposure to a Japanese high‑dividend equity strategy managed by SBI Asset Management Co., marking DigiFT’s first on‑chain tokenization of a Japanese equity fund. Built on Solana using DigiFT’s tokenization infrastructure, the JX token is intended to expand SBI’s digital asset offerings beyond stablecoins and payments. DigiFT says the product combines traditional Japanese equities with blockchain‑native ownership, enabling institutional‑grade assets to be accessed and traded on‑chain. Token holdings can also be used in decentralized finance applications, including lending and asset‑management protocols such as Morpho. DigiFT founder Henry Zhang commented on the launch: “Our mission at DigiFT has always been to bring real, institutional‑grade assets on‑chain through infrastructure that investors and asset managers can actually trust. JX extends that mission to Japan for the first time.” The platform currently supports settlements in USDC, with integration of a Japanese‑yen stablecoin planned for a later stage. The rollout comes amid growing interest in tokenized real‑world assets, as asset managers explore blockchain distribution for traditional investment products. Although SBI has a long history of collaboration with Ripple — including SBI Ripple Asia and work around the RLUSD stablecoin — the new equity fund was launched on Solana because DigiFT’s tokenization platform is built on that network. SBI says this move adds another blockchain to its digital‑asset strategy rather than replacing its existing Ripple ties; the firms continue to collaborate on expanding XRP and XRP Ledger adoption in Japan, including recent initiatives with Doppler and earlier work supporting RLUSD distribution. The JX token launch arrives alongside SBI’s broader push into yen‑backed stablecoins. SBI Shinsei Trust Bank issued JPYSC, Japan’s first trust‑bank‑backed yen stablecoin, which SBI says is designed to cut transaction costs, support large‑value transfers and serve both retail and institutional users. SBI is also reportedly preparing a lending product through SBI VC Trade that would offer a fixed 3% annual yield on JPYSC, potentially requiring a three‑month lockup and expected to launch soon. Together, these moves underscore SBI’s strategy of layering tokenized traditional assets and stablecoins to serve institutional and accredited investors onchain.