Japan's SBI Group has partnered with South Korea's Kyobo Life Insurance Group to explore business opportunities related to digital finance and technology. As the partnership has only just begun, no details were provided in the announcement other than specific mentions of tokenization and security tokens. SBI and Kyobo have established a venture capital fund partnership covering the fintech sector in South East Asia. According to the latest agreement, SBI may participate in the Korean ecosystem and consortia related to security token offerings (STOs). In addition, the two parties will also share technical capabilities and expertise.