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📰 Solana Slips after SBI Taps Network for Tokenised Japan Equity Fund
🗓️ Jul 16 2026 19:15 UTC - Olu Anisere
Solana (SOLUSD) price declined by 2.94% in 24 hours to $75.67 on Thursday. underperforming a broader market dip primarily driven by...
➤ SBI Global Asset Management has launched the first tokenized Japanese equity fund on the Solana blockchain in partnership with DigiFT, offering access to a high-dividend equity strategy.
➤ Despite this RWA innovation, Solana's price declined due to profit-taking after a macro-driven rally and outflows from Solana ETFs, indicating near-term bearish momentum.
➤ The launch signifies an expansion of SBI's digital asset offerings and highlights the growing trend of tokenizing traditional financial instruments on blockchain networks.
#solana #sbiglobalassetmanagement #tokenizedjapaneseequityfund #digift #jxtoken #highdividendequitystrategy #institutionalinvestors #accreditedinvestors #blockchainbasedaccess #solanablockchain
🔗 Read more at: https://rwatimes.io/articles/dmarketforces-solana-slips-after-sbi-taps-network-for-tokenised-japan-equity-fund-3532757360
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