DSRV Begins Entry into Japanese Enterprise Blockchain Market with SBI XDC
Blockchain infrastructure company DSRV has begun joint research aimed at entering the Japanese enterprise market.
According to DSRV on July 13, SBI XDC Network APAC (SBI XDC) is a joint venture established by Japan's SBI Holdings and blockchain developer TradeFinex Tech. Within the SBI Group, SBI XDC leads blockchain-based trade finance and B2B solutions businesses and is dedicated to expanding enterprise blockchain adoption across the Asia-Pacific region.
Starting with this joint research, the two companies will establish a cooperative framework connecting Korea and Japan. Specific areas of collaboration include: reviewing enterprise solution application models based on the XDC Network; exploring the potential for blockchain application in trade finance and supply chain management; assessing the application of digital asset and physical asset tokenization technologies; and identifying cross-border business collaboration models between Korea and Japan.
In particular, DSRV plans to officially join the XDC Network as a validator in the third quarter of this year, directly participating in network operations. Based on its stable infrastructure, DSRV aims to actively contribute technologically and participate in ecosystem development.
It is considered an exceptional case for a Korean blockchain company to conduct joint research with an SBI Group affiliate in the Japanese financial and enterprise market, which is known for its rigorous and conservative standards for selecting overseas partners. Especially in Japan's digital asset market, which is strictly regulated based on the Financial Services Agency (FSA) registration system, regulatory compliance history is a critical factor for business collaboration. DSRV has overcome the high entry barriers of the Japanese market, leveraging its record of approval as a virtual asset service provider (VASP) and its top-level Ethereum infrastructure operation capabilities in Asia. With this joint research as a starting point, DSRV plans to further expand opportunities for digital asset infrastructure collaboration within Japan.
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Jiyoon Jung, Chief Operating Officer (COO) of DSRV, stated, "Both Korea and Japan are rapidly incorporating digital assets into the institutional framework," and added, "Together with SBI XDC, we will do our best to create a successful case that connects the blockchain ecosystems of Korea and Japan in the trade finance and RWA sectors."
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