EddieJayonCrypto

 14 Aug 25

tl;dr

South Korea’s Bifrost Network and Japan’s SBI Digital Finance have partnered to promote Bitcoin adoption in Japan’s financial sector by developing the Bitcoin-backed stablecoin BtcUSD and establishing regulatory-compliant Bitcoin management frameworks. The collaboration focuses on Bitcoin-backed fin...

South Korea’s Bifrost Network has partnered with SBI Digital Finance to accelerate Bitcoin adoption in Japan’s financial sector. The collaboration will focus on developing the Bitcoin-backed stablecoin BtcUSD and establishing regulatory-compliant BTC management frameworks.

The partnership targets Bitcoin-backed financial products, aiming to explore practical Bitcoin use cases for institutional clients. Both companies will jointly develop BtcUSD applications and financial services integrated with Bitcoin, while ensuring compliance with Japan’s Financial Services Agency regulations. SBI Digital Finance is a subsidiary of SBI Holdings, a major Japanese financial group operating the crypto asset lending service HashHub Lending.

Bifrost provides a comprehensive multi-chain infrastructure supporting both EVM and non-EVM environments. Its core protocols, validator frameworks, and multi-signature vault architecture enable stable institutional asset management within Japan's strict regulatory landscape.

This initiative aligns with Japan’s growing Bitcoin momentum as corporations like Metaplanet increase their BTC holdings amid economic uncertainty. Clear regulatory guidelines encourage institutional investors to view Bitcoin as an inflation hedge and portfolio diversifier. Industry experts anticipate the partnership will drive significant Bitcoin deposits into BTCFi platforms and inspire other Japanese financial institutions to explore BTCFi engagement.

A Bifrost representative emphasized that the collaboration transcends simple service integration. The companies aim to jointly design BTC management standards tailored to Japan’s regulatory environment, potentially facilitating the expansion of BTCFi growth from Japan to global markets.

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 14 Aug 25
 14 Aug 25
 14 Aug 25