Japan's Digital Securities partners with SBI Holdings on tokenized securities

Japanese financial investment firm Digital Securities has signed a memorandum of understanding (MOU) with Japanese financial conglomerate SBI Holdings to sell tokenized securities, Digital Asset reported. The MOU covers two main areas: cooperation on the sale of tokenized securities and their joint development. As part of the agreement, SBI Holdings will acquire a stake of over 20% in Digital Securities from existing shareholders through its subsidiary, SBI Securities.