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SBI Holdings Partners with Startale for Tokenized Stock Platform
SBI Holdings has established a joint venture with Startale to enter the tokenized stock market. The new on-chain platform will facilitate trading of tokenized equities and real-world assets.
Key points:
- SBI manages over 11 trillion yen ($74 billion) in assets and serves more than 65 million customers.
- The venture aims for 24/7 trading of tokenized U.S. and Japanese stocks with near-instant settlement.
- Features include fractional ownership, institutional-grade custody, and real-time compliance monitoring.
- The platform will focus on interoperability and accessibility for global users.
Yoshitaka Kitao, SBI's CEO, emphasized that this shift could lead to the digitalization of capital markets, including exchanges.