SBI Global Asset Management and DigiFT launched JX token, bringing Japanese equity exposure onchain.
RWA & Tokenization ·
SBI Global Asset Management and DigiFT have launched JX token, a product designed to deliver Japanese equity exposure through onchain infrastructure. The token bridges traditional asset management with blockchain settlement, allowing investors to gain exposure to Japanese equities via a tokenized vehicle.
The launch reflects broader momentum in Japan's financial system toward digital-asset integration. Japan's 2026 regulatory reset—including reclassification of cryptoassets as financial instruments and alignment of crypto taxation with equities at a flat 20% rate—has created conditions for institutional players like SBI to move traditional investment products onchain. SBI Holdings, one of Japan's largest financial-services groups, has been consolidating exchange assets, launching stablecoins, and planning investment trusts as part of a wider push to embed digital assets into the country's mainstream financial infrastructure.
Details on JX token's structure, asset backing, custody arrangements, and distribution channels remain unclear from available announcements. The extent to which the product will be offered to retail investors versus institutional clients, and whether it will be available outside Japan, has not been disclosed.