Bybit, a global cryptocurrency exchange serving more than 80 million users, has broadened its Real-World Asset (RWA) investment offering by adding JPE, a tokenized Japanese equity strategy developed by Plume and backed by JX, to its RWA Earn platform. The underlying investment strategy is managed by SBI Asset Management Co., Ltd. (SBI AM).

The launch marks Bybit RWA Earn's first expansion into equity-based products, extending the platform beyond fixed-income and credit strategies and giving eligible users onchain access to Japan's high-dividend equity market.

Bringing Japanese Equities Onchain

JPE provides exposure to the SBI Japan High Dividend Equity Fund strategy through a tokenized investment structure. The underlying JX token, issued by DigiFT on Ethereum, represents an onchain interest in the Japanese equity strategy managed by SBI Asset Management. The structure layers four distinct roles: SBI Asset Management runs the underlying equity strategy, DigiFT issues the token representing an interest in it, Plume supplies the JPE wrapper, and Bybit handles distribution to its exchange user base.

Plume, an open finance infrastructure platform focused on institutional assets, provides the JPE wrapper offered through Bybit RWA Earn. The structure connects traditional asset management with blockchain-based investment infrastructure, allowing eligible users to access exposure to Japanese equities through Bybit.

The underlying JX token was developed by DigiFT in collaboration with SBI Global Asset Management. The initiative represents an effort to bring established Japanese investment strategies into the digital asset ecosystem.

Subscription Terms and Access

Subscriptions and redemptions for JPE through Bybit are denominated in USDC, a dollar-denominated stablecoin, with a minimum subscription requirement of 5,000 USDC.

According to Bybit, the product features zero subscription and redemption fees, while the exchange covers all onchain gas fees, removing transaction costs at both the platform and blockchain layers. Redemptions follow a T+5 settlement cycle — meaning proceeds are scheduled for settlement five trading days after a redemption request — excluding non-trading days in Japan, Singapore and the United States.

The product is available only to eligible users and remains subject to regional restrictions and applicable regulatory requirements, so availability differs by jurisdiction. Further information on eligibility, subscription conditions and product mechanics is available in the official Bybit JPE announcement.

Bybit RWA Earn Moves Beyond Fixed Income

Launched in June 2026, Bybit RWA Earn was designed to provide eligible users with onchain access to institutional-grade investment products, including tokenized fixed-income and credit strategies.

The addition of JPE introduces equity exposure to the platform for the first time, broadening its investment offering to include professionally managed strategies linked to traditional stock markets. Unlike the platform's earlier debt-based products, the underlying strategy is tied to Japanese stock holdings, so its performance follows equity market conditions rather than lending or credit returns.

The development reflects the growing convergence of traditional finance and blockchain infrastructure, as financial institutions and digital asset platforms explore ways to make conventional investment products accessible through tokenization.

Industry Leaders Highlight Institutional Collaboration

The launch brings together several companies with complementary roles in the tokenization process, combining traditional asset management, digital asset issuance and blockchain infrastructure.

"Ecosystem synergy is crucial in the new era of real-world asset tokenization. Bybit is excited to bring on-chain access to another world-class traditional asset to our users, Plume and DigiFT to deliver institutional-grade infrastructure. The quality of the underlying strategy and the caliber of our partners reflect the standard of access our users deserve," said Emily Bao, Head of Spot & Assets at Bybit.

Ryan Wen, Chief Operating Officer of Plume, highlighted the importance of bringing traditional investment strategies into blockchain-based financial markets.

"Our focus at Plume is taking institutional grade assets across borders and putting them to work onchain. JX is the first time a Japanese asset manager's listed-equity strategy has come onchain through regulated infrastructure, and it's the kind of bridge that moves onchain finance beyond crypto-native assets to the strategies that shape global portfolios," Wen said.

Henry Zhang, Founder and Group CEO of DigiFT, also emphasized the role of collaboration in connecting traditional financial markets with digital assets.

"Our collaboration with Plume demonstrates how tokenization can connect financial markets with the digital asset ecosystem. We're pleased to support Plume in this initiative with Bybit and look forward to exploring further opportunities together," Zhang said.

About the Companies

Bybit is a global cryptocurrency exchange and financial platform serving more than 80 million users worldwide. Its ecosystem combines investing, trading, payments and wealth-building services, supported by AI-powered technology, global liquidity and security infrastructure.

Plume is an open finance platform focused on bringing institutional real-world assets onchain. Its infrastructure supports the tokenization, distribution and integration of traditional financial products into blockchain-based financial markets.

DigiFT is a digital asset exchange focused on institutional-grade real-world assets. The company provides infrastructure for tokenizing and distributing traditional financial products through blockchain technology, connecting asset managers with digital asset investors.