Ripple’s Partner SBI Launches World’s First Tokenized Japanese Equity Fund

Ripple’s partner SBI Global Asset Management has partnered with RWA exchange DigiFT to launch the SBI Japan High Dividend Equity Strategy Token (JX token). This marks the world’s first tokenization of a Japanese equity fund on a public blockchain.

SBI Tokenizes Japan High Dividend Equity Strategy Fund

In an X Post on July 15, SBI Global Asset Management announced it has launched the SBI Japan High Dividend Equity Strategy Token (JX token) with DigiFT, a regulated exchange for real-world assets (RWA).

The JX token provides accredited and institutional investors with on-chain access to the high-dividend Japanese equity strategy. The fund is managed by Ripple-partner SBI Asset Management Co.

The launch also marks the first time a Japanese equity fund is tokenized and launched on-chain by DigiFT. It bridges traditional Japanese equities with blockchain technology, as global investor attention returns to Japanese equities.

For investors wanting to explore fractionalized ownership of equity-backed products, reviewing the best exchanges for tokenized stocks can help identify compliant platforms.

“Our mission at DigiFT has always been to bring real, institutional-grade assets on-chain through infrastructure that investors and asset managers can actually trust. JX extends that mission to Japan for the first time,” said Henry Zhang, founder of DigiFT.

JX Token Launch on Solana Despite Long-Term Partnership with Ripple

SBI Holdings has a deep partnership with Ripple since 2016, including joint ventures such as SBI Ripple Asia and recent collaborations on stablecoins such as RLUSD.

However, the JX token launch primarily involves SBI Global Asset Management and DigiFT, which uses the Solana blockchain for tokenization offerings. The move aligns with SBI’s push into tokenization with partners such as payments and tokenization infrastructure firm Ripple.

In addition, the tokenized fund supports USDC settlements, with JPY stablecoin integration planned in the future. Moreover, it enables lending and advanced asset management through protocols such as Morpho.

Notably, SBI and Ripple are collaborating to boost XRP and XRP Ledger (XRPL) adoption in the region. Recently, SBI and Doppler partnered to grow Japanese institutional adoption of XRP.

As CoinGape reported earlier, SBI tapped Ripple for RLUSD stablecoin distribution in Japan, revealing a group actively building a multi-stablecoin, multi-chain strategy with Solana now anchoring the tokenized RWA and institutional settlement layers.