SBI Group Partners with Chainlink to Develop Crypto Banking Tools for Asia Pacific

SBI Group, a major Japanese financial player, has partnered with Chainlink to develop innovative crypto tools for banks across Asia Pacific, starting in Japan and expanding to the region. The collaboration focuses on tokenized assets, cross-border payments, and stablecoin reserve verification using Chainlink’s technology. This move follows SBI’s recent expansion into the crypto market through partnerships with Circle, Ripple, and Startale. Japan is set to approve a yen-based stablecoin soon, further bolstering this initiative.