Ondo Finance partners with Japan's SBI Group to boost Asian tokenisation

Ondo Finance's ONDO token has broken out of a downtrend, trading around $0.3853 with a 24‑hour volume of $86.75 million and a market capitalisation of $1.87 billion. Analysts note support between $0.378 and $0.35 and a price target of $0.665, with a stop‑loss at $0.339.

The firm’s collaboration with Japan’s SBI Group aims to move Japanese financial assets onto the blockchain, advancing real‑world‑asset tokenisation across Asia. The partnership leverages Ondo’s blockchain infrastructure and SBI’s financial network, including integration with SBI’s yen‑backed stablecoin. SBI Holdings chief Yoshitaka Kitao called Ondo “exceptional” in bridging traditional finance and blockchain.