SBI Holdings Expands Blockchain Strategy Beyond Ripple
SBI Holdings has restructured its subsidiary into SBI Digital Practice to focus on building financial infrastructure on the Canton Network. The network connects over 600 institutions and supports $6 trillion in assets.
This move broadens SBI's blockchain strategy beyond Ripple and XRP Ledger, adding a direct link to U.S. Treasury tokenization via the Depository Trust & Clearing Corporation.
The new subsidiary aims to help banks and institutions adopt blockchain technology across borders while complying with regulations.