SBI Holdings shifts tokenisation and stablecoin venture to Solana blockchain

Japanese financial giant SBI Holdings has pivoted its SBI Solana Global joint venture to the Solana blockchain, focusing on asset tokenisation and stablecoin issuance. The Solana Foundation, the Swiss organisation that oversees the layer-1 network, has joined the venture. The move signals growing institutional interest in Solana as a platform for real-world asset tokenisation.