SBI GAM and DigiFT Launch First Tokenized Japanese Equity Strategy on Solana

• SBI GAM and DigiFT launched the first tokenized Japanese equity strategy on the Solana blockchain.
• The JX Token gives institutional and accredited investors regulated, on-chain access to Japanese equities.
• The launch expands DigiFT’s tokenized RWA offerings and supports SBI’s broader blockchain strategy.

SBI Global Asset Management (SBI GAM) and regulated digital asset exchange DigiFT have launched the SBI Japan High Dividend Equity Strategy Token (JX Token) on the Solana blockchain. 

The launch marks the first time a Japanese asset manager’s listed equity strategy has been tokenized and made available on-chain for institutional and accredited investors.

The token provides blockchain-based access to a Japanese high-dividend equity strategy managed by SBI Asset Management, a subsidiary of SBI GAM. 

According to the companies, it combines regulated tokenization infrastructure with traditional equity investing. Qualified investors can gain exposure to Japanese equities through an on-chain investment vehicle.

Tokenized RWA Market Continues to Expand

The companies said the launch comes as interest in Japanese equities has picked up. They attributed part of the renewed interest to the Tokyo Stock Exchange’s efforts to improve corporate capital efficiency and shareholder value.

The launch also reflects the growth of the tokenized real-world asset (RWA) market. According to the announcement, the value of tokenized RWAs on public blockchains grew from $5.9 billion to $21.9 billion during 2025. The market has also expanded beyond tokenized cash products into actively managed investment strategies.

DigiFT previously tokenized a U.S. equity income fund in partnership with BNY. The company said adding a Japanese equity strategy is another step toward expanding the range of institutional investment products available on-chain.

Solana Selected for the Launch

The JX Token is being launched on the Solana blockchain with ecosystem support from Solana Company, Huma Finance, and Plume.

DigiFT is licensed by the Monetary Authority of Singapore (MAS) and the Hong Kong Securities and Futures Commission (SFC). The company said it has worked with major global asset managers, including UBS Asset Management, Invesco, BNY, and Franklin Templeton. Its partnership with SBI GAM adds a Japanese listed-equity strategy to its growing lineup of tokenized investment products.

SBI Expands Blockchain Strategy

The launch also supports SBI Holdings’ blockchain and digital asset strategy. For the fiscal year ended March 31, 2026, SBI Holdings reported JPY 1.90 trillion in consolidated revenue. Its crypto-asset business generated JPY 89.6 billion in revenue.

The financial group has also invested in tokenization infrastructure. It led a $50 million investment in Startale Group, which is developing blockchain infrastructure for tokenized securities. SBI also maintains a majority stake in Osaka Digital Exchange, which operates Japan’s secondary market for security tokens.

Henry Zhang, Founder and Group CEO of DigiFT, said the launch advances the company’s goal of bringing institutional-grade assets on-chain. Zhang said, “JX extends that mission to Japan for the first time, opening regulated, on-chain access to Japanese equities. We’re proud to build this with SBI Group, one of Japan’s most forward-looking financial institutions.”

The companies added that the JX Token follows an authorized, manager-referenced model. They said the structure aligns with increasing regulatory focus on issuer-backed tokenized securities as the market for blockchain-based financial products continues to mature.

Related: Japan’s SBI Deepens Solana Ties in Push for Institutional On-Chain Finance