SBI XDC Network APAC is the joint venture between SBI Holdings and XDC Network established in December 2023. The main objective is to expand the market for XDC token blockchain in the Japanese and APAC market. XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been successfully operated since 2019. It powers a wide range of novel blockchain use cases, including trade finance, payment, DePIN, RWA, and tokenization.