- Sony, SBI, and Startale collaborate on a blockchain platform for tokenized assets.
- Emphasizes real-time compliance and 24/7 trading access.
- Aims to revolutionize digital capital markets with DeFi composability.
Sony, SBI Holdings, and Startale collaborate to establish a global Layer-2 blockchain platform, aiming to revolutionize digital capital markets with 24/7 access to tokenized real-world assets.
The initiative represents a significant shift toward integrating traditional equities with DeFi, potentially impacting market dynamics and global blockchain interoperability.
Soneium by Sony, SBI Holdings, and Startale Group initiated a new global Layer-2 blockchain platform. The platform supports continuous trading of tokenized real-world assets (RWAs) and equities.
The collaboration involves Sony’s Soneium, SBI Holdings chaired by Yoshitaka Kitao, and Startale headed by Sota Watanabe. They are focusing on transforming digital capital markets with DeFi and regulatory compliance.
The project aims to impact traditional finance by enabling 24/7 trading of tokenized assets, promoting interaction between DeFi and real-world equities. This could reshape investment structures across industries.
SBI Holdings uses extensive financial resources, positioning itself as a major player in tokenizing equities. The venture emphasizes the shift from off-chain to on-chain markets, enhancing financial accessibility. Yoshitaka Kitao, President & CEO, SBI Holdings, stated, “We predict that this movement will eventually lead to the digitalization of capital markets themselves, including exchanges.”
Dialogue between Japan’s finance industry and blockchain developers is crucial. The financial structure, led by Yoshitaka Kitao, envisions a digital market similar to physical exchanges.
Technological advancements and past blockchain initiatives suggest potential growth in ecosystem activities. Ledger scalability, DeFi interaction, and compliance updates will likely play significant roles in shaping the market.
