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SBI Holdings and Solana Foundation partner to build Japan onchain market

The project will rebrand SBI R3 as SBI Solana Global as it develops a Japan-based onchain financial market, the firms said.

Reported · Written up by our desk · Market Structure

SBI Holdings and the Solana Foundation are partnering to build a Japan-based onchain financial market, according to The Block.

The collaboration centers on a planned onchain venue that will be set up with SBI’s platform branding changes.

As part of the effort, SBI R3 is expected to be rebranded as SBI Solana Global, reflecting the partnership’s integration with the Solana ecosystem.

The Block said the initiative is intended to expand onchain finance through the new Japan-based market structure.

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