SBI Group and Chainlink have announced a new partnership aimed at developing tools for financial institutions in Asia. Additionally, Metaplanet, Japan's largest Bitcoin holder, has been added to the FTSE All-World Index.
Collaboration Between SBI Group and Chainlink
SBI Group is strengthening its presence in the digital asset landscape by signing an agreement with Chainlink to develop technologies targeting the tokenization of real assets, cross-chain transactions, and verification of stablecoin reserves. The partnership was announced over the weekend and will initially focus on the Japanese market before extending to the wider Asia-Pacific region. According to SBI's management, the goal is to create tools that enhance transparency for investors and streamline fund management.
Metaplanet's Rise in the FTSE All-World Index
Metaplanet, Japan's largest Bitcoin holder, was upgraded from small-cap to mid-cap in FTSE Russell's index, following a successful second quarter, leading to its inclusion in the FTSE All-World Index. Company's success attracted attention, especially given that its year-to-date gains reached nearly 187%.
Metaplanet's Plans for Bitcoin Accumulation
Metaplanet holds nearly 19,000 BTC in its treasury and aims to accumulate 210,000 BTC by 2027. The company’s management is also considering strategies to acquire income-generating businesses in the digital sector, highlighting the growing integration of Bitcoin into traditional financial instruments.
The collaboration between SBI Group and Chainlink, along with the successes of Metaplanet, underscores the increasing interest in asset tokenization and the integration of digital currencies into Asia's financial systems.
