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SBI Securities and Daiwa Securities weigh 2027 launch for digital securities trading

SBI Securities and Daiwa Securities weigh 2027 launch for digital securities trading

A five-firm proof of concept used ibet for Fin domestically and Ethereum with USDC for overseas interdealer trades, while a separate SBI Group consortium launched a digital-asset execution platform study.

ETH
USDC

Fact Check
The official SBI Securities press release confirms every core element: SBI Securities and Daiwa Securities in a five-firm PoC using ibet for Fin domestically and Ethereum with USDC for cross-border interdealer DvP settlement. CoinPost and bitbank independently corroborate the 2027 trading start under consideration. A separate CoinPost article confirms the distinct SBI Group consortium studying a digital-asset execution platform, matching the claim's second component.
Summary

SBI Securities and Daiwa Securities are weighing a 2027 start for digital securities trading after a five-firm proof of concept showed how cross-border transactions could work using ibet for Fin for domestic management and Ethereum with USDC for overseas interdealer trades, with participants saying the setup confirmed delivery-versus-payment settlement feasibility. Separately, SBI Group’s DeFimans and PerplexityAI, Inc. said on the 9th they signed a memorandum of understanding with ANDLAWFZCO, Nippon Steel Solutions, and SMBC Nikko Securities to run a proof of concept for a next-generation digital-asset execution platform spanning traditional financial markets and on-chain and off-chain venues, as the tokenized real-world asset market grows beyond $30 billion.

Terms & Concepts
  • delivery-versus-payment settlement: A settlement method in which a security is delivered only if the corresponding payment is made at the same time.
  • USDC: A U.S. dollar-pegged stablecoin used for digital payments and settlement on blockchain networks.
  • on-chain and off-chain: On-chain activity is executed directly on a blockchain, while off-chain activity is handled outside the blockchain network.