SBI brings JX Japanese equity token to HashKey Earn

SBI Global Asset Management announced on November 5, 2026, that its tokenized Japanese equity product, JX, is now available through HashKey Earn in Hong Kong. Eligible professional investors can subscribe and redeem using USDC, though with restrictions on external transfers and secondary trading.

The new distribution channel expands access to an existing public-blockchain product that has been offered through Singapore's DigiFT since July 14. HashKey aims to reach overseas investors, starting with Hong Kong, while maintaining the same underlying investment strategy.

SBI Asset Management oversees the Japanese equity strategy, with DigiFT providing tokenization services and HashKey supplying the distribution platform. The product represents a private fund using the mother fund of the SBI Japan High Dividend Equity Fund.

Investment terms and conditions

HashKey identifies JX as a Depository Receipt Token issued by DigiFT Tech (Singapore), with each token representing an interest in the SBI Japan High Dividend Equity Fund, Growth Type. The fund is restricted to qualified institutional investors and operates as an open-ended securities investment trust.

Subscriptions begin at 5,000 USDC with increments of 1 USDC, while redemptions require a minimum of 750,000 JX tokens with 1 JX token increments. The platform offers daily dealing with a 9:00 AM Hong Kong time cutoff, with both subscription and redemption orders expected to settle on T+5.

HashKey charges a 0% subscription fee and 0.1% redemption fee, though these terms may change due to issuer arrangements, regulatory requirements, or platform operations. Non-dealing days in Japan, Singapore, and the United States can affect processing and settlement timelines.

Restrictions and eligibility

HashKey does not support JX deposits or withdrawals to external wallets, transfers between users, or secondary-market trading. Investors must exit through redemption requests submitted through the Earn platform, subject to its terms and conditions.

Eligible professional investors must satisfy both HashKey's and the issuer's requirements, completing onboarding, suitability assessments, and applicable regulatory requirements. HashKey classifies JX as a complex product with specific assessment requirements.