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DigiFT and SBI Global Asset Management announced the debut of the SBI Japan High Dividend Equity Strategy Token, known as the JX token, which grants accredited and institutional investors regulated on-chain exposure to a Japanese equities fund managed by subsidiary SBI Asset Management. The initiative represents the initial effort to bring a listed-equity approach from a Japanese asset manager onto blockchain rails through the tokenization and distribution platform operated by the Singapore-based firm. The announcement noted that the product launches on the Solana network in cooperation with participants that include Solana Company, Huma Finance and Plume.
The statement highlighted renewed investor focus on Japanese equities, driven by the Tokyo Stock Exchange’s ongoing campaign to lift capital efficiency and sharpen corporate attention to share performance. It added that the broader tokenization landscape has evolved rapidly, with the value of real-world assets distributed on public blockchains climbing from $5.9 billion to $21.9 billion globally during 2025 as the category expanded beyond cash equivalents into actively managed strategies. DigiFT itself moved early in that transition by introducing a tokenized U.S. equity income fund developed with BNY in January 2026.
DigiFT holds Capital Markets Services and Recognised Market Operator licences from Singapore’s Monetary Authority as well as Type 1 and Type 4 licences from Hong Kong’s Securities and Futures Commission, credentials that have positioned the firm as a partner for asset managers including UBS Asset Management, Invesco, BNY and Franklin Templeton. The addition of a Japanese listed-equity strategy through its collaboration with SBI Global Asset Management extends that roster for the first time. The firms reported that the authorised, manager-referenced structure of the JX token aligns with growing regulatory emphasis on issuer or manager involvement to ensure genuine ownership rather than synthetic exposure.
SBI Holdings, the parent of SBI Global Asset Management, entered the partnership with an established record in on-chain finance that includes a $50 million lead investment in Startale Group to develop blockchain tailored for tokenized securities and a majority stake in Osaka Digital Exchange, which runs a secondary market for security tokens in Japan. The group posted consolidated revenue of JPY 1.90 trillion for the fiscal year that ended March 31, 2026, while its crypto-asset business unit contributed JPY 89.6 billion over the same period. Those figures underscore the scale SBI brings to efforts that now place a domestic equity strategy directly on public blockchain infrastructure.
A joint staff statement issued by U.S. Securities and Exchange Commission staff on January 28, 2026, distinguished between issuer-sponsored tokenized securities that can convey true ownership and third-party products that generally deliver only indirect economic claims or custodial rights. The announcement positioned the JX token within the former category through its direct tie to the strategy managed by SBI Asset Management. This alignment has become increasingly important as supervisors worldwide clarify expectations for regulated tokenization of traditional assets.
Henry Zhang, founder and group chief executive of DigiFT, said in the statement, “Our mission at DigiFT has always been to bring real, institutional-grade assets on-chain through infrastructure that investors and asset managers can actually trust. JX extends that mission to Japan for the first time, opening regulated, on-chain access to Japanese equities. We’re proud to build this with SBI Group, one of Japan’s most forward-looking financial institutions, and excited about what this partnership signals for the future of tokenization across the region.”
