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Evidence record

SBI Holdings and Startale sign MOU with BlackRock to explore connecting tokenized money market funds with the JPYSC yen stablecoin

Read the item · published 2026-10-27

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-10-31 20:46 UTC
Archived snapshot
SHA-256 1f1e0e494b4c3c209db8fe172903a3c3a6377b77bde7498243ca8d287f380083 · fetched 2026-10-27 · Wayback Machine copy ↗
Saved excerpt around the quote (source text, 2026-10-27)
… for stablecoins through amendments to the Payment Services Act. The next step is to develop the infrastructure, distribution channels, and regulatory frameworks needed to connect tokenized assets with stablecoins and support broader market adoption. Against this backdrop, SBI Holdings and Startale have entered into the MOU with BlackRock to explore the potential for connecting tokenized MMFs with JPYSC, with the aim of contributing to the development of onchain finance in Japan and globally. Scope of Partnership Under the MOU, the companies will examine the potential for connecting tokenized MMFs and JPYSC across three areas: Technology and infrastructure: Exploring the technical requirements and infrastructure needed to support connect …
Change log (1)
  1. 2026-10-27 Published

Verified quotes

  • “Against this backdrop, SBI Holdings and Startale have entered into the MOU with BlackRock to explore the potential for connecting tokenized MMFs with JPYSC, with the aim of contributing to the development of onchain finance in Japan and globally.”
  • “Technology and infrastructure: Exploring the technical requirements and infrastructure needed to support connectivity between tokenized MMFs and JPYSC.”
  • “With this in mind, SBI Group issued JPYSC, Japan’s first trust-type yen-denominated stablecoin, while group companies, including SBI Global Asset Management, have been developing a range of new onchain products and services.”

String-matched against https://www.startale.com/en/blog/blackrock-startale-sbi by our verifier before every deploy.

Additional evidence

AI-drafted from the primary source (joint release published on Startale’s newsroom; SBI Holdings’ own Japanese release is JS-rendered); quotes string-matched against the live source page · AI-assisted