The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.
- Japan’s SBI Group acquired a majority stake in Singapore-based crypto platform Coinhako as part of a broader push to build a global digital asset corridor across Asia.
- The company is expanding its digital asset footprint through partnerships with Ondo Finance and the Solana Foundation to tokenize real-world assets and develop yen-based on-chain settlement using its JPYSC stablecoin, though JPYSC cannot yet be moved to external wallets.
- Recent deals, including the planned purchase of Tokyo exchange Bitbank and investments in EDX Markets and Gauntlet, reflect SBI’s long-term strategy to control the full digital asset value chain rather than chase short-term crypto market cycles.
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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
Original sourceCoinDesk
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