SBI Partner Company 'R3' Forms Strategic Alliance with Solana Foundation

R3, a partner company of the major domestic SBI Group, announced on the 22nd that it has entered into a strategic alliance with the Solana Foundation, an organization related to the cryptocurrency Solana (SOL).

The purpose of the alliance is to connect public and private networks, expanding investment options for asset allocation and enhancing liquidity, thereby constructing the next-generation internet capital markets. This announcement marks a new strategic direction for R3.

R3 highly values Solana's blockchain for its high performance, low transaction fees, and the vibrancy of its ecosystem activities globally.