Ripple’s largest partner in Japan, SBI Holdings has announced a game-changing partnership with the Solana Foundation. SBI’s R3 Corda, the world’s largest platform for permitted corporate chains, accelerates Tradfi, institutions and RWA onboarding into the Solana (SOL) blockchain.
The end of crypto tribalism? SBI Holdings teams up with Solana
Japan’s Fintech heavyweight SBI Holdings has announced that private blockchain platform R3 Corda has signed a partnership with the Solana Foundation. This collaboration brings together the allowed network experiences for R3 Corda and the opportunities for Solana’s high-performance mainnet.
sbi has announced that its key partner, R3, has a new partnership with @solana. “The R3 Corda, used by HSBC & Bank of America, owns over $10 billion in tokenized real world assets (RWAs) on its network” accesses public blockchains without any changes to existing systems.
– 🌸cryptoeri ~ carpe diem (@sentosumosaba) May 26, 2025
Partners coordinate efforts to build the first enterprise-grade permitted consensus services offered directly to the public in the major L1.
Technically, integration means that you can directly verify Corda’s private transactions with Solana Mainnet. This is a groundbreaking achievement in Corda’s $10 billion ecosystem, already leveraged by many TRADFI majors, including HSBC and Bank of America.
Veteran ripples and XRP community enthusiasts passing through @sentosumosaba on X highlight the very specific nature of this collaboration.
I don’t think the XRP community has been successful with Kol, who has been talking bad about Solana for years.
Also, Lily Liu, president of the Solana Foundation, will be taking on the board of directors of R3 Corda once the partnership begins.
Partnership focuses on the agency, RWAS
Mainly, the collaboration will focus on providing Solana (SOL) as a security and validation layer for authorized blockchains run by institutions, such as banks, fintechs, and payment processors.
Additionally, the joint infrastructure between Solana and Corda will be utilized by the issuers of tokenized real world assets (RWAS).
To be qualified by the previous U.Today, SBI Group recently kickstarted its lending application programs for XRP, Bitcoin (BTC), Shiba Inu (SHIB), and other major cryptocurrency.
The SBI Group strategy is of paramount importance to Ripple. XRP is the second most popular asset for Japanese investors and still far surpasses Ethereum (ETH).