DeFi· ★★★· bullish·

SBI and CRB Group to form Japan joint venture for RWA tokenization

  • —SBI and CRB Group signed a strategic cooperation memorandum
  • —The Japan JV will target tokenized loan receivables and RWA products
  • —Partners will explore integrating the JPYSC yen stablecoin into Cross River
  • —SBI plans a strategic investment in CRB Group
Why it matters: A major Japanese financial group teaming up with a US bank on RWA tokenization signals growing institutional demand for stablecoins and tokenized assets.
Source: PANews