SBI Holdings Expands Blockchain Strategy Beyond XRPL and RippleNet
SBI Holdings, one of Ripple's closest partners in Asia, is expanding its blockchain goals beyond the XRP Ledger and RippleNet. The company has announced a major restructuring of its wholly owned subsidiary, SBI Security Solutions Co., Ltd., which will now be renamed to SBI Digital Practice Co., Ltd.
The renaming takes effect on June 22, 2026, and marks the latest effort by SBI to venture into institutional on-chain finance. The company has stated that blockchain networks are increasingly being used for financial products and transactions.
SBI Digital Practice will support financial institutions in creating compliant blockchain frameworks and promoting institutional adoption of the Canton Network. The subsidiary will offer end-to-end support, helping domestic and foreign institutions implement cross-border and cross-currency transactions on the network.