Key facts
- SBI Global Asset Management launched the SBI Japan High Dividend Equity Strategy Token (JX token) with DigiFT.
- This is the first tokenization of a Japanese equity fund on a public blockchain.
SBI Tokenizes Japanese Equity Fund on Solana via DigiFT
IN SHORT
SBI Global Asset Management has launched the SBI Japan High Dividend Equity Strategy Token (JX token) with RWA exchange DigiFT, marking the first tokenization of a Japanese equity fund on a public blockchain. The token offers accredited and institutional investors on-chain access to the fund, utilizing the Solana blockchain.
Key Numbers
24-hourtrading capability for Japan equities fund
Who's Involved
SBI Global Asset Management
Launched the SBI Japan High Dividend Equity Strategy Token (JX token)
DigiFT
Regulated exchange for real-world assets (RWA) partnering with SBI
SBI Holdings
Japanese financial group with a deep partnership with Ripple
Henry Zhang
Founder of DigiFT
Ripple
Partner of SBI involved in stablecoin collaborations
↳ Why This Matters
This launch bridges traditional Japanese equities with blockchain technology, offering enhanced accessibility and fractionalized ownership opportunities for global investors and marking a significant step in the tokenization of real-world assets.