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CHAINWIRE · 2026-10-27 01:00 UTC

BlackRock, SBI Holdings and Startale Sign Landmark MOU to Bridge Tokenized Money Market Funds and Yen Stablecoin (JPYSC)

BlackRock, SBI Holdings, and Startale signed an MOU to explore connecting tokenized money market funds with JPYSC, a yen-denominated stablecoin. The collaboration will examine technology infrastructure, business models, and regulatory frameworks to advance onchain finance in Japan and globally. SBI Holdings' chairman stated the shift to onchain finance is an unavoidable global trend and Japan must prepare early to lead rather than fall behind.

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