Key Insights:
- SBI and Solana will develop stablecoins, tokenized assets, payments and institutional blockchain services across Asia.
- Solana Foundation will join SBI R3 Japan, which plans to rename itself SBI Solana Global after corporate approvals.
- The venture will support yen stablecoins, tokenized bonds, funds, property, cross-border payments, and AI agent systems.
SBI Holdings partnered with the Solana Foundation to expand regulated blockchain services in Japan and broader Asian markets. The venture will focus on stablecoins, tokenized assets, cross-border payments and infrastructure for financial institutions, with Solana serving as the primary blockchain network.
The agreement adds another institutional initiative to SBI’s digital asset strategy as Japanese financial firms continue exploring tokenized finance under the country’s regulatory framework.
Crypto News: SBI Expands Solana-Based Financial Services
The Solana Foundation will join SBI R3 Japan alongside SBI Holdings and Sumitomo Mitsui Financial Group. SBI R3 Japan plans to change its name to SBI Solana Global upon completion of the required corporate procedures. The partners announced the agreement on July 13. They did not disclose the size of Solana Foundation’s investment in the venture.
SBI Solana Global will connect Japan’s regulated financial system with blockchain markets outside the country. The venture will combine financial assets, legal structures, and institutional services on one network. SBI said Solana will support issuance, distribution, and settlement. However, the partners have not shared revenue targets, launch volumes, or confirmed client commitments.
Stablecoins and Tokenized Assets Lead the Partnership
The company plans to support yen stablecoins, including JPYSC, for payments and on-chain settlement. The venture will also work with tokenized corporate bonds, commercial paper, investment funds, and real estate. Issuers may use the system to manage assets from creation through final settlement. The announcement did not provide launch dates for these products.
The crypto news also listed cross-border payments and services for financial institutions among their planned business areas. Payment systems for artificial intelligence agents also form part of the plan.
Each service must comply with Japanese rules on stablecoins, securities, custody, and market operations. Some products may require separate approval before a public launch.
SBI Adds Solana to Its Digital Asset Network
SBI has already expanded its regulated digital asset operations in Japan. The company worked with Startale on a regulated yen stablecoin for payments and tokenized markets. SBI VC Trade also launched Ripple’s dollar-backed RLUSD stablecoin in Japan after receiving regulatory approval. These projects give SBI several channels for digital asset settlement.
SBI also plans to acquire Bitbank through a ¥46.7 billion transaction. The deal would add crypto trading, custody, and lending services to SBI’s network. However, SBI has not confirmed whether Bitbank or SBI VC Trade will distribute products from SBI Solana Global. The new partnership creates another route for tokenized securities and stablecoins.
Solana has also attracted more activity from tokenized assets and stablecoin settlement. The network recorded $5.77 billion in tokenized-asset spot volume during a record quarter. Solana also processed more than one billion weekly non-vote transactions. The partners plan to use that capacity to provide services to regulated financial institutions.
Solana Price Prediction Points to the $80 Barrier
Meanwhile, Solana price traded near $74 on July 13 after falling almost 4% within 24 hours. The four-hour chart showed a falling wedge between declining trendlines. Support remained near $75.40, while resistance moved closer to $78.50. A break above that line may send SOL crypto toward $78.60 and $79.60.
The $80 level remains the main barrier for SOL crypto buyers. Short liquidation clusters sit near $79.50, $80, and above $81. A strong move through those areas may push prices toward $81.80 and $83.70.
Solana price closing below $75 would weaken the falling wedge setup. Selling pressure could then expose support near $68.75. A deeper decline in SOL crypto may bring the $62.50 area back into view. Buyers need to hold $75 and reclaim $80 before the chart supports a stronger recovery.
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