SBI and Startale Launch Platform for Tokenized Stocks and Real-World Assets

Japanese financial giant SBI Holdings has partnered with blockchain infrastructure firm Startale Group to create a new platform for trading tokenized stocks and real-world assets. The venture, announced on Tuesday, will combine SBI’s extensive financial services network with Startale’s blockchain technology. This innovative platform aims to address existing limitations in the current market by enabling 24/7 trading, faster cross-border settlements, fractional ownership of tokenized shares, and integration with decentralized finance (DeFi) protocols. 24/7 trading is enabled for tokenized assets, while cross-border settlement will be expedited. Institutional investors can also access features such as account abstraction and compliance monitoring across international borders. To achieve this project, SBI and Startale have established two joint venture companies: one dedicated to technological development, the other focused on branding and business expansion. 24/7 trading will offer continuous programmable trading of tokenized equities, including those from the U.S. and Japan. The companies did not announce a specific launch date.