SBI Asset Management has launched the JPE token on the Bybit RWA Earn platform, providing users with on-chain access to a Japanese high-dividend equity strategy. The product, which became available on November 9, 2026, functions as a depository receipt for the JX token, which represents the underlying SBI Japan High Dividend Equity Fund.

The infrastructure for the Bybit integration is provided by Plume, while the JX token itself was originally developed by DigiFT. The underlying fund, which focuses on total returns through reinvested dividends rather than cash payouts, was established in December 2023 and reached approximately ¥220 billion in assets under management by mid-2026.

Participation in the JPE token requires a minimum investment of 5,000 USDC. The product operates with a T+5 settlement cycle for redemptions, meaning investors typically receive their funds five business days after a request. This structure aligns the token more closely with traditional mutual funds than with standard crypto assets.

The JX token has seen a rapid expansion across digital asset platforms. It was first issued on the Solana blockchain by DigiFT on July 14, 2026, followed by a listing on the HashKey Exchange in Hong Kong around November 5, 2026. The Bybit listing marks the third major venue for the strategy within a four-month period.