Bybit Adds SBI-Managed Japanese Equity Strategy to RWA Earn

Bybit has added JPE to its RWA Earn platform, giving users on-chain access to a Japanese high-dividend equity strategy managed by SBI Asset Management. Bitcoin World and DailyCoin both identify the offering as a Plume product and confirm its connection with SBI Asset Management’s strategy, according to their coverage of the announcement. The addition expands the mix of real-world assets available through Bybit’s RWA Earn offering. DailyCoin characterizes JPE as Bybit’s first equity product in that lineup, distinguishing it from the non-equity offerings previously included in the platform. Bitcoin World’s report also notes that Bybit describes itself as a financial platform serving more than 80 million users worldwide. Both outlets agree on the central arrangement: Bybit is distributing access to JPE through RWA Earn, JPE operates on Plume, and the underlying strategy is managed by SBI Asset Management. No numerical claim about the strategy’s assets, holdings, yield, or Bybit-specific inflows is repeated in the supplied coverage, and neither outlet contradicts the other on the product’s identity or management.

Live data from DeFiLlama puts Plume’s total value locked at $218.34 million, a 4.2% decline over the past seven days. That figure provides the clearest available ecosystem-level measure around the launch, although it does not isolate the contribution of JPE or any other individual Plume product.

The wider crypto market was broadly flat at the time of the snapshot, with total market capitalization at $2.57 trillion. Bitcoin was down 0.99% over 24 hours, while the Fear & Greed index stood at 29, corresponding to fear. The equity-strategy addition introduces a traditional-market-linked offering into a crypto market showing limited aggregate movement and a cautious sentiment reading; future attention would center on participation in JPE and changes to Plume’s TVL.