SBI Group Partners With Chainlink for Asia Crypto Expansion

The collaboration focuses on cross-blockchain tokenized real-world assets and on-chain stablecoin reserve verification.

Japanese finance conglomerate SBI Group has announced a strategic partnership with blockchain oracle platform Chainlink to accelerate institutional digital asset adoption across Japan and Asia-Pacific. The collaboration focuses on cross-blockchain tokenized real-world assets and on-chain stablecoin reserve verification.

This marks SBI’s fourth crypto partnership in recent days, following tie-ups with Circle, Ripple Labs, and Startale on Friday. The Chainlink deal will utilize the interoperability protocol for tokenizing RWAs and facilitating foreign exchange transactions.

Chainlink co-founder Sergey Nazarov expressed…

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