Franklin Templeton and SBI Holdings Form Joint Venture in Japan

Tokyo, Japan - Franklin Templeton has entered into a Memorandum of Understanding (MoU) with SBI Holdings to establish a joint venture (JV) aimed at enhancing investment opportunities in Japan. This collaboration will leverage Franklin Templeton’s extensive range of investment products, including exchange-traded funds (ETFs) and digital assets, alongside SBI’s robust distribution network and integrated financial services. Jenny Johnson, President and CEO of Franklin Templeton, expressed enthusiasm for the partnership, highlighting SBI’s strong brand presence among younger investors in Japan. She emphasized the commitment to making high-quality financial solutions more accessible, aligning with the evolving needs of a new generation of investors. SBI Holdings’ Chairman and CEO, Yoshitaka Kitao, echoed this sentiment, noting the significance of partnering with a globally recognized firm like Franklin Templeton. He underscored SBI’s rapid growth in Japan’s financial sector, particularly in technology-driven services and Web3 initiatives, which will complement Franklin Templeton’s expertise in digital assets. The joint venture aims to provide Japanese investors with a diverse array of investment solutions, particularly as regulations surrounding digital assets and ETFs evolve. By combining Franklin Templeton’s experience with tokenized funds and SBI’s leadership in the digital asset market, the partnership seeks to deliver innovative financial products that cater to the changing interests and objectives of investors in Japan.