SBI Digital Markets signs MOU with Arbitrum for RWA tokenization

SBI Digital Markets — the digital-assets arm of the SBI group — is partnering with Ember Protocol to tokenize and distribute real-world assets (RWAs) on Arbitrum, a move the network's official account welcomed as part of the "programmable economy." The partnership was announced under a memorandum of understanding for institutional RWA tokenization and onchain distribution, with Ember named for tokenization and distribution infrastructure.

The confirmation was amplified via the official Arbitrum account retweeting @sgoldfed, who called SBI "another TradFi heavyweight building on Arbitrum."

• Adds a regulated, institutional issuer/distributor to Arbitrum's RWA push, alongside existing tokenized-fund activity on the network
• SBI Digital Markets sits within a financial conglomerate with $245B in assets
• No further details on the scope of the MOU, target assets or timeline have been shared