SBI Holdings has acquired a 20% stake in U.S. cryptocurrency exchange EDX Markets, with the aim of expanding the use of its yen-denominated stablecoin, JPYSC, which was launched in June 2026 [1]. This strategic investment is part of SBI's broader initiative to strengthen its presence in the global digital asset industry through partnerships and technology collaborations with major international players [1]. SBI Holdings has also recently invested $50 million in U.S. stablecoin issuer Circle and has been working with other Japanese financial institutions to develop blockchain-based security tokens and crypto investment trusts [1].
In a related development, SBI Securities, in partnership with Daiwa Securities, is set to launch a jointly built settlement system that will enable foreign investors to invest in Japanese businesses and real estate via blockchain-based security tokens [2]. The platform will initially target clients in Singapore, marking a significant step in opening Japan's security token market to international investors and enhancing the security and efficiency of cross-border transactions using blockchain technology [2]. SBI and Daiwa are also considering providing their clients with access to investing in security tokens in Singapore in the future [2].
These moves come amid growing interest in stablecoins and blockchain-based financial products in Japan, supported by recent regulatory developments that have paved the way for broader adoption of digital assets and stablecoins by both institutional and retail investors [1]. SBI's stake in EDX Markets is expected to strengthen its position in cross-border digital asset services and contribute to the development of a more robust ecosystem for yen-based stablecoins [1].
CONCLUSION
SBI Holdings is accelerating its global digital asset strategy through a significant stake in EDX Markets and the launch of a blockchain-based security token platform for foreign investors. These initiatives are poised to enhance Japan's role in international digital finance and foster greater adoption of yen-based stablecoins and security tokens.