Ondo Finance, a real-world asset tokenization platform, announced a partnership with SBI Group to tokenize Japanese assets. Distribution will occur across the SBI ecosystem, with settlement using the JPYSC yen stablecoin. SBI Group is one of Japan’s largest financial services companies. The ONDO token rose roughly 17% over 24 hours and 23% over seven days, with a market cap near $1.89 billion.
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