SBI Global Asset Management, in partnership with regulated digital asset exchange DigiFT, has launched the world's first tokenized Japanese equity fund on the Solana blockchain. The SBI Japan High Dividend Equity Strategy Token (JX Token) grants accredited and institutional investors on-chain access to a high-dividend equity strategy managed by SBI Asset Management Co.
Built on Solana via DigiFT's tokenization infrastructure, the JX Token expands SBI's digital asset offerings beyond its existing stablecoin and payment initiatives. Settlements are supported in USDC, with future plans for Japanese yen stablecoin integration. Token holders will also be able to utilize the asset in decentralized finance applications, including lending protocols like Morpho.
DigiFT founder Henry Zhang emphasized the mission of bringing institutional-grade assets on-chain with trusted infrastructure. The launch marks DigiFT's first tokenization of a Japanese equity fund, contributing to the growing trend of real-world asset tokenization. While SBI maintains its long-standing partnership with Ripple for XRP and RLUSD expansion, the JX Token is deployed on Solana, showcasing SBI's multi-chain strategy.
