TLDR

Bifrost Network from South Korea has partnered with SBI Digital Finance in Japan to accelerate Bitcoin adoption.
The partnership will create the Bitcoin-backed stablecoin BtcUSD and develop regulated BTC management frameworks.
Both companies will focus on Bitcoin use cases for institutional clients in Japan’s financial sector.
SBI Digital Finance is part of SBI Holdings which operates the HashHub Lending crypto asset lending service.
Bifrost provides multi-chain infrastructure that supports both EVM and non-EVM environments for asset management.

South Korea’s Bifrost Network has entered into a strategic partnership with SBI Digital Finance to strengthen Bitcoin adoption in Japan. The agreement will focus on creating the Bitcoin-backed stablecoin BtcUSD and establishing regulatory-compliant BTC management systems. Both companies aim to develop solutions that align with Japan’s strict Financial Services Agency standards.

The collaboration comes as Japanese corporations increase Bitcoin holdings amid economic uncertainty and favorable regulatory frameworks. Metaplanet and other firms have expanded reserves, reinforcing Bitcoin’s role as a hedge against inflation. Experts anticipate the deal will attract significant deposits to BTCFi platforms.

Bifrost provides multi-chain infrastructure that supports both EVM and non-EVM networks for stable institutional asset management. SBI Digital Finance operates under SBI Holdings, which also runs the HashHub Lending service. Together, they plan to integrate Bitcoin into mainstream financial products.

Beyond the impossible. Bifrost made it happen.

Introducing the partnership with SBI Digital Finance (SBI Holdings subsidiary) – we’re creating a new institutional Bitcoin finance framework.

This is just the beginning. What if BTCFi becomes the new normal?

On Bifrost. #BFC pic.twitter.com/VsPmKgHKVZ

— BIFROST (@Bifrost_Network) August 13, 2025

BtcUSD to Transform Bitcoin Use in Japan

Bifrost and SBI will co-develop BtcUSD to enable secure Bitcoin-backed transactions for institutional clients. This product will allow Bitcoin to be utilized without direct exposure to volatility. The companies will integrate technical safeguards to ensure compliance with Japan’s financial regulations.

“BtcUSD will bridge Bitcoin with regulated finance,” a Bifrost spokesperson stated. The stablecoin will be designed for transparent and efficient settlement, and its framework will adhere strictly to operational and security standards.

The project will also explore new Bitcoin use cases for financial services. These include lending, asset management, and cross-border payment solutions. Institutions will be able to incorporate Bitcoin-based products without regulatory uncertainty.

Regulatory-Compliant BTC Management

The partnership will establish Bitcoin custody and operational standards that are aligned with Japan’s rules. Multi-signature vaults and validator frameworks will form the core of this system, ensuring the secure handling of Bitcoin assets across institutional platforms.

Bifrost’s infrastructure will allow seamless integration with Japanese financial systems. The architecture supports stable Bitcoin transactions even under strict oversight and enables scalability for expanding BTCFi services internationally.

AloJapan.com