Key Takeaways:
- SBI Holdings has changed the name of its company SBI Security Solutions to SBI Digital Practice to favour on-chain finance activities through its initiative, Canton Network.
- The new company will provide blockchain solutions to the financial industry, including compliance and cross-border payments.
- Canton Network already bridges over 600 institutions, enabling over $6 trillion worth of tokenized assets.
SBI Holdings’ blockchain initiatives continue to grow and be reinforced by forming a new business unit dedicated to institutional finance. The Japanese financial giant has reorganized one of its subsidiaries to speed up the adoption of the Canton Network, marking increased confidence that tokenized financial markets are making strides into using the network.
SBI Launches Dedicated Canton Network Business
SBI Holdings announced that its wholly owned subsidiary, SBI Security Solutions Co., Ltd., officially changed its name to SBI Digital Practice Co., Ltd. on June 22, 2026. Alongside the rebranding, the company introduced a new management structure centered on developing services for the Canton Network, a blockchain built specifically for regulated financial institutions.
The transfer is part of SBI’s vision of an “on-chain finance” industry which relies increasingly on blockchain-based financial products, securities and transactions instead of traditional approaches.
In contrast to public blockchains conceived for the retail consumer, Canton Network is geared toward regulated entities which need privacy versions, regulatory compliance, and interoperability, while still enjoying the advantages that DLT offers.
Read More: Gauntlet Bags $125M From SBI to Supercharge Stablecoins and Institutional On-Chain Finance
Supporting Institutional Blockchain Adoption
From Infrastructure to Cross-Border Transactions
For all participating banks, asset managers and financial firms, SBI Digital Practice will deliver the entire solution for the implementation of Canton Network. It will offer planning and development of blockchain infrastructure, construction of financial applications, implementation support, and design of transaction systems with potential for cross-border and multi-currency settlements.
Since SBI was launched, it has been actively contributing to this network, even as a Super Validator, one of the key participants in the network that validates and makes sure transactions are carried out correctly. The company has also been giving due attention to incentivize institutional participation and grow the ecosystem of the network.
The new subsidiary will likely serve as SBI’s spine to enable financial institutions to adopt blockchain technology while meeting the regulatory standards of the various jurisdictions.
Canton Network Continues Expanding Institutional Reach
Canton Network has now swiftly grown to be one of the most significant traditional finance (TFin) blockchain ecosystems. SBI claims that over 600 organizations are members of the network, such as Goldman Sachs, Royal Bank of Scotland, BNP Paribas, Franklin Templeton, Broadridge and Euroclear.
As of now, over $6 trillion of assets are managed across the blockchain, and more and more institutions are embracing tokenized financial products.
The Depository Trust & Clearing Corporation (DTCC) also chose Canton Network to support digital securitization of U.S. Treasury securities in another big achievement. It also serves as an example of the ongoing integration of blockchain into the traditional financial system’s main flows.
SBI expects the demand for institutional blockchain use to keep growing as financial market participants expand their tokenization initiatives, both within the financial and investment services sectors.
The new offering does not supersede its own work on blockchain projects but rather extends SBI’s ongoing array of activations in the payments space, tokenization, stablecoins, and blockchain-based financial services.
Read More: SBI and DigiFT Launch JX on Solana as $21.9B Tokenized RWA Market Expands
The post SBI Targets $6T On-Chain Finance Market With Canton Network Expansion and New Digital Unit appeared first on CryptoNinjas.
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