‍SBI Group Partners with Chainlink to Advance Onchain Finance in Asia

Japanese financial giant SBI Group has announced a strategic partnership with blockchain oracle platform Chainlink. This collaboration aims to develop advanced crypto tools for financial institutions across Asia, with an initial focus on Japan.

Key initiatives include enabling cross-blockchain tokenization of real-world assets (RWAs) and onchain verification for stablecoin reserves. Chainlink's interoperability protocol will power these efforts, exploring solutions for foreign exchange and cross-border transactions. This partnership is part of SBI Group's broader expansion into the cryptocurrency space, following recent collaborations with Circle, Ripple, and Startale.

https://cryptovka.ru/en/news/4090/sbi-group-chainlink-paving-the-way-for-onchain-finance-in-asia