Solana Foundation invests in SBI R3 Japan; company to rebrand as SBI Solana Global

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On July 13, the Solana Foundation and SBI announced a strategic partnership to expand on-chain news and financial infrastructure in Japan. The foundation will invest in SBI R3 Japan, becoming a shareholder alongside existing investors SBI and SMFG. The company will rebrand as SBI Solana Global Co., Ltd. (provisional name) and focus on the JPYSC stablecoin, tokenized real-world assets (RWA), cross-border payments, institutional services, and payment systems for the AI Agent era. This initiative aligns with broader global developments in cryptocurrency policy.

ChainThink reports that on July 13, according to the SBI website, SBI and the Solana Foundation issued a joint announcement announcing a strategic partnership to jointly advance the development of on-chain financial markets in Japan.

Under the cooperation agreement, the Solana Foundation will invest in SBI R3 Japan and work alongside existing shareholders SBI and Sumitomo Mitsui Financial Group (SMFG) to advance new growth strategies.

The company plans to rename itself to "SBI Solana Global Co., Ltd. (tentative name)."

SBI Solana Global will advance five initiatives centered on the Solana network, including issuance and circulation support for stablecoins such as the JPYSC yen-backed stablecoin, support for structuring and circulating social bonds and tokenized RWA assets, building cross-border payment infrastructure, offering on-chain financial services for institutional investors, and developing the next-generation payment infrastructure for the AI Agent era.

Both parties expressed their intention to start with the Japanese market and promote connectivity with Asian and global markets.

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