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 Bitcoin-backed stablecoin BtcUSD and creating regulatory-compliant BTC management frameworks.
Partnership Targets Bitcoin-Backed Financial Products
Under the agreement, both companies will explore practical Bitcoin use cases for institutional clients. They will jointly develop BtcUSD applications and Bitcoin-integrated financial services. The partnership aims to establish BTC management standards that comply with Japan’s Financial Services Agency regulations.
SBI Digital Finance operates HashHub Lending, which provides stable returns to Bitcoin depositors. The company’s affiliate BitPoint Japan is a registered crypto exchange that handles significant Bitcoin reserves.
Bifrost operates a comprehensive multi-chain infrastructure supporting both EVM and non-EVM environments. The platform uses core protocols, validator frameworks, and multi-signature vault architecture. This technical setup enables stable institutional asset management even in Japan’s strict regulatory environment.
Japan’s Growing Bitcoin Momentum
The partnership comes as Japanese corporations increasingly embrace Bitcoin holdings. Companies like Metaplanet have expanded their BTC reserves amid economic uncertainty. Clear regulatory guidelines encourage institutional investors to use Bitcoin as an inflation hedge and portfolio diversifier.
Industry experts expect the collaboration to drive significant Bitcoin deposits to BTCFi platforms. The partnership could prompt other Japanese exchanges and financial institutions to explore BTCFi participation.
A Bifrost representative said the cooperation goes beyond simple service integration. The companies will jointly design BTC management standards optimized for Japan’s regulatory environment, which could help BTCFi’s growth spread from Japan to global markets.
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