SBI Holdings, the prominent Japanese financial services conglomerate, has officially announced the successful completion of a crucial Proof of Concept (PoC) for a Layer 1 blockchain infrastructure dedicated to the tokenization of traditional financial securities, primarily stocks. This initiative was executed in close collaboration with the Startale Group, a major contributor to the Astar ecosystem and a leader in Web3 development.
The PoC focused on validating the technological performance, security, and regulatory compliance of a proprietary blockchain built to handle the high throughput and stringent requirements necessary for regulated financial markets. By moving stock issuance and management onto a dedicated Layer 1 chain, SBI aims to dramatically enhance operational efficiency and drastically reduce settlement times, potentially moving from the standard T+2 schedule to near-instantaneous settlement.
This development signifies SBI’s aggressive push into institutional Real-World Asset (RWA) tokenization and positions the firm at the forefront of integrating decentralized finance technologies into established capital markets within Japan and the broader Asian region. The successful validation of the PoC paves the way for potential future commercial deployment of tokenized securities, offering new liquidity pools and improved risk management.
Source: SBI Holdings unveils Layer 1 proof of concept for tokenized stocks co-developed with Startale Group
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