Key facts
- SBI Holdings and CRB Group plan a joint venture to tokenize real-world assets like loan receivables.
- The venture will focus on cross-border payment solutions and agentic commerce powered by AI.
- SBI Holdings intends to make a strategic investment in CRB Group.
- The partnership may incorporate SBI Shinsei Trust Bank's stablecoin, JPYSC, for institutional settlements and transfers.
SBI Holdings, a long-time partner of Ripple, has announced plans to collaborate with US-based CRB Group to develop tokenized real-world assets and cross-border payment solutions in Japan. The proposed joint venture aims to leverage AI for agentic commerce and build upon the banking and payment systems of both organizations. SBI Holdings also intends to make a strategic investment in CRB Group. While the announcement has drawn attention to XRP due to SBI's historical ties with Ripple, the venture does not explicitly mention the cryptocurrency's involvement. The companies are also considering the integration of SBI Shinsei Trust Bank's stablecoin, JPYSC, for institutional settlements and asset transfers.