Chainlink LINK Soars as SBI Partnership Positions Japan for $200B RWA Tokenization Revolution

Chainlink LINK News - Japan's financial sector is experiencing a monumental transformation as SBI Group, the nation's premier financial conglomerate overseeing $200+ billion in assets, partners with Chainlink to accelerate institutional adoption of digital assets. This landmark collaboration focuses on tokenizing real-world assets (RWAs), funds, and regulated stablecoins, representing a quantum leap in blockchain integration within traditional finance. Regulatory developments are further fueling this momentum. Japanese authorities are considering implementing a flat 20% tax rate on cryptocurrency earnings—replacing the current progressive tax structure—which could significantly boost institutional participation. The Financial Services Agency (FSA) is also evaluating cryptocurrency ETFs as part of comprehensive efforts to refine Japan's digital asset regulatory framework. "This partnership marks a watershed moment for asset tokenization across Asia," stated Yoshitaka Kitao, CEO of SBI Holdings. The initiative establishes Japan as a global leader in RWA innovation, with Chainlink's oracle technology serving as critical infrastructure bridging traditional finance and blockchain networks.