SBI partners with Cross River parent CRB Group on Japan RWA tokenization venture

SBI Holdings has signed a strategic business agreement with CRB Group, the parent company of U.S. Cross River Bank, and plans to establish a joint venture in Japan, CoinPost reported. The two companies plan to develop and sell tokenized real-world asset products tied to assets such as loan claims, expand cross-border payments, and build AI agent-based payment infrastructure. They are also discussing a plan to introduce JPYSC, a yen-denominated stablecoin now under development by SBI, on the Cross River platform.

Source: Coinness