Ripple and SBI Holdings Set to Revolutionize Japan's Finance with New Stablecoin and Tokenized Stock Platform
August 22, 2025
Ripple and SBI Holdings are collaborating to launch Ripple USD (RLUSD), a dollar-backed stablecoin, in Japan by early 2026, marking Ripple's entry into the stablecoin market with a focus on institutional compliance and transparency.
This initiative aims to digitize various financial instruments like stocks, bonds, and ETFs on a unified platform, reducing costs and increasing accessibility for international investors through blockchain technology.
The convergence of institutional interest, technological progress, and expanding tokenized markets suggests that the tokenized stock industry is approaching a major growth inflection point, with the potential to reshape global financial markets.
Plans include integrating tokenized stocks with DeFi protocols, incorporating features like real-time compliance and institutional custody, although no launch date has been announced.
Ethereum remains the dominant blockchain in DeFi with $89 billion in total value locked, while Tron supports high-speed, low-cost tokenized securities trading, despite a slight decline.
Kraken and Backed Finance are expanding their tokenized stock platforms onto Tron, which has seen significant growth in trading volume and market share in 2025.
The ongoing growth and industry moves suggest that tokenized assets are on the cusp of a major expansion, with the market projected to reach up to $18.9 trillion by 2033.
The announcement of Ripple's stablecoin and tokenized stock initiatives has generated bullish sentiment among traders, with expectations of price increases for XRP leading up to the 2026 launch.
SBI VC Trade's licensing as an electronic payment service provider enables rapid scaling of RLUSD within Japan's financial ecosystem, leveraging its existing infrastructure and retail reach.
The platform will support fractional ownership, faster settlements, 24/7 trading, and integration with DeFi protocols, targeting global markets and institutional clients.
SBI's broader strategy involves modernizing finance by integrating blockchain, which could lead to the digitalization of entire capital markets and exchanges, making trading faster, cheaper, and more accessible.
This initiative also enables fractional ownership of high-value assets like stocks and real estate, democratizing investment opportunities and reducing transaction costs.
Summary based on 18 sources
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Sources

CoinDesk • Aug 22, 2025
RWA News: Japan's SBI Holdings Joins Tokenized Stock Push With Startale Joint Venture
Cointelegraph • Aug 22, 2025
Japan’s SBI forms new blockchain ties with Circle, Ripple and Startale
CCN.com • Aug 22, 2025
Ripple to Launch its Stablecoin in Japan Next Year
CryptoSlate • Aug 22, 2025
Ripple’s RLUSD stablecoin to enter Japanese market by 2026