Key Takeaways:
DigiFT and SBI Global Asset Management have launched the first tokenized Japanese equity fund on a public blockchain, bringing a ¥200 billion high-dividend strategy on-chain through Singapore-regulated infrastructure.
DigiFT, a digital asset exchange licensed by the Monetary Authority of Singapore and the Hong Kong Securities and Futures Commission, and SBI Global Asset Management Co., a subsidiary of SBI Holdings Inc., on Wednesday launched the SBI Japan High Dividend Equity Strategy Token, or JX token. The token provides accredited and institutional investors with on-chain access to a Japanese high-dividend equity strategy managed by SBI Asset Management Co., marking the first time a Japanese asset manager's listed-equity strategy has been tokenized through regulated distribution infrastructure.
"The JX token extends that mission to Japan for the first time, opening regulated, on-chain access to Japanese equities," Henry Zhang, founder and group chief executive officer at DigiFT, said. The token is being issued on Solana, with ecosystem participants including Solana Foundation, Huma Finance and Plume Network supporting the launch.
The value of tokenized real-world assets distributed on public blockchains grew to $21.9 billion globally in 2025 from $5.9 billion, according to industry data, moving the category beyond cash-like instruments into actively managed public-market strategies. DigiFT previously launched a tokenized U.S. equity income fund developed with BNY in January 2026. The JX token is structured as an authorized, manager-referenced model — a distinction regulators are increasingly emphasizing. In a joint staff statement on Jan. 28, 2026, U.S. Securities and Exchange Commission staff drew a formal line between issuer-sponsored tokenized securities, which can represent true ownership, and third-party products offering only synthetic exposure.
SBI Holdings reported consolidated revenue of 1.90 trillion yen for the fiscal year ended March 31, 2026, with its crypto-asset business segment generating 89.6 billion yen in revenue over the same period. The group has taken direct stakes across regional tokenization infrastructure, including leading a $50 million investment in Startale Group to build a blockchain purpose-built for tokenized securities, and holding a majority stake in Osaka Digital Exchange, which operates a secondary market for security tokens in Japan.
The launch comes as the Tokyo Stock Exchange continues pushing listed companies to improve capital efficiency and share-price performance, drawing renewed investor attention to Japanese equities. DigiFT's dual regulatory standing — holding Capital Markets Services and Recognised Market Operator licenses from MAS, plus Type 1 and Type 4 licenses from the Hong Kong SFC — has made it a tokenization partner for global asset managers including UBS Asset Management, Invesco, BNY and Franklin Templeton. The addition of a Japanese equity strategy through SBI GAM marks the first time a Japanese asset manager has joined that roster.
This article is for informational purposes only and does not constitute investment advice.
