Well, well, well! Look who’s playing nice in the sandbox! SBI Holdings, the big cheese of Japan’s fintech scene, has decided to cozy up to the Solana Foundation. I mean, who wouldn’t want to partner with the cool kids on the blockchain block? 🤝
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View Urgent ForecastIs This the End of Crypto Tribalism? SBI and Solana Are BFFs Now!
In a plot twist that even the best soap operas would envy, SBI’s R3 Corda—yes, the one that’s basically the VIP lounge for corporate chains—has teamed up with Solana. Together, they’re going to sprinkle some magic on TradFi and real-world assets (RWA) onboarding. Because why not? 🎉
🔊SBI just dropped the bomb that R3 is now besties with @solana. R3 Corda, the playground for “HSBC & Bank of America, who are sitting on over $10 billion in tokenized RWAs,” is about to strut its stuff on the public blockchain 👉 without messing up the existing systems. Who knew finance could be this dramatic? 💅
— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) May 26, 2025
These two are not just holding hands; they’re building the first enterprise-grade, permissioned consensus service that’s going to be available to the public on a major Layer 1. Talk about a power couple! 💪
In techy terms, this means private transactions on Corda can now strut their stuff directly on the Solana mainnet. It’s a big deal for the $10 billion ecosystem of Corda, which is already the favorite playground for TradFi giants like HSBC and Bank of America. 💰
And let’s not forget our friend @sentosumosaba, who’s been waving the XRP flag and has some thoughts on this partnership:
Honestly, the XRP community didn’t get the best advice from those KOLs who spent years trash-talking Solana. Oops! 😬
Oh, and here’s a juicy tidbit: Lily Liu, the head honcho of the Solana Foundation, is now taking a seat on R3 Corda’s Board of Directors. Because why not add a little more spice to the mix? 🌶️
Partnership Focus: Institutions and RWAs, Oh My!
This collaboration is all about making Solana (SOL) the go-to security and validation layer for permissioned blockchains run by institutions—think banks, fintechs, and payment processors. You know, the usual suspects. 🏦
Plus, the dynamic duo will be rolling out infrastructure that’ll be a playground for issuers of tokenized RWAs. It’s like a party, and everyone’s invited! 🎊
And just to keep things spicy, SBI Group has recently kicked off a lending program for XRP, Bitcoin (BTC), Shiba Inu (SHIB), and other crypto celebrities. Because who doesn’t love a good lending application? 📈
Let’s be real: SBI Group’s strategy is crucial for Ripple. XRP is still the second most popular asset among Japanese investors, leaving Ethereum (ETH) in the dust. Sorry, ETH! Better luck next time! 😜
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2025-05-26 17:28