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SG-based DigiFT, SBI launch JX token

Singapore-based DigiFT, a regulated digital asset exchange for tokenized real-world assets, and Japan’s SBI Global Asset Management Co Ltd launched the JX token on July 15.

The token gives accredited and institutional investors on-chain access to a Japanese high-dividend equity strategy managed by SBI Asset Management Co Ltd.

DigiFT said it was launching JX on Solana. The product has been described as the first to offer global on-chain management and trading for a Japanese equities fund.

Public materials reviewed did not identify the underlying SBI fund or disclose the strategy’s benchmark, portfolio construction, or fees.

In Singapore, the Monetary Authority of Singapore treats tokenized shares and fund units like conventional capital markets products.

Complex-product safeguards and licensing rules help explain why JX is being distributed only to accredited and institutional investors.

The launch also fits SBI’s broader tokenization push, which includes plans with Startale to launch an on-chain platform for tokenized stocks and real-world assets.

Solana already hosts regulated tokenized funds and other real-world assets.

🔗 Source: DigiFT

Recent SBI developments

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