SBI Holdings Partners with Startale to Enter Tokenized Stock Market
SBI Holdings has partnered with Singapore's Startale to enter the tokenized stock market. The joint venture aims to develop an on-chain platform for trading tokenized equities and real-world assets.
- SBI manages over 11 trillion yen ($74 billion) in assets and serves more than 65 million customers.
- The platform will enable 24/7 trading of U.S. and Japanese stocks with near-instant settlement.
- Features include fractional ownership, institutional-grade custody, and real-time compliance monitoring.
- The initiative aligns SBI with companies like Robinhood, Kraken, and Gemini that are also exploring tokenized stocks.
Yoshitaka Kitao, CEO of SBI, emphasized the potential for this movement to digitalize capital markets, including exchanges.