digital assets

Monex Subsidiary Coincheck Deploys Authlete's IdP Engine Ahead of 'Crypto as a Service' Push

Japanese cryptocurrency exchange operator Coincheck, Inc. has integrated API authorization engine Authlete to overhaul its identity provider (IdP) infrastructure. Launched in September 2026, the updated framework enables financial-grade security for the exchange's new trading product, Coincheck Leverage, while laying the groundwork for broader third-party API integrations.

Coincheck—a subsidiary of Tokyo Stock Exchange Prime-listed Monex Group and Nasdaq-listed Coincheck Group—sought to strengthen its security posture to support revenue diversification and new service rollouts. Rather than adopting a fully managed SaaS platform or developing an in-house system from scratch, the company selected Authlete's API-first authorization architecture.

By offloading complex OAuth 2.0 and OpenID Connect (OIDC) protocol processing to Authlete, Coincheck constructed its custom IdP within six months. The implementation reuses Coincheck’s existing user database and authentication systems—including passkey support—while ensuring full compliance with the FAPI 2.0 (Financial-grade API) standard. It also incorporates advanced authorization protocols such as PKCE, PAR, and DPoP to protect mobile app communications.

The deployment serves as the core security layer connecting the Coincheck smartphone application to backend services for Coincheck Leverage. Looking ahead, Coincheck plans to leverage the FAPI 2.0-compliant infrastructure to power its upcoming "Crypto as a Service" (CaaS) initiative, enabling secure API integration with institutional partners and third-party businesses.

The FSA's Working Group on the Provision of Funds to Growing Companies

Japan’s overarching macroeconomic strategy is shifting from a legacy, bank-centric indirect financing ecosystem toward a dynamic capital market supplied with diversified risk capital. The Financial Services Agency (FSA) Working Group on the Provision of Funds to Growing Companies (2nd Meeting, held October 9, 2026) marks an essential mechanism

Sticky Domestic Inflation Drives Divergence Between Japan’s Corporate Profits and Real Economic Growth

Japan’s economy is exhibiting a pronounced split between solid nominal corporate earnings and sluggish real economic activity, according to a recent research note by Sony Financial Group's Takayuki Miyajima. While recent severe weather events and supply disruptions have halted economic momentum in real terms, corporate pricing behavior

Startale Japan Issues Landmark Digital Bond Settled Entirely in Yen Stablecoin

In a first for Japan’s capital markets, Startale Japan has issued a digital corporate bond that settles both interest and principal redemption payments using JPYSC, a yen-denominated trust-type stablecoin. The issuance marks the first time a Japanese corporate bond utilizes a yen stablecoin across its entire lifecycle,

Resona Asset Management Partners with NowCast to Automate Fund Documentation on Snowflake

Resona Asset Management and NowCast, a financial technology subsidiary of Finatext Holdings, have jointly built an automated infrastructure on the Snowflake platform to streamline the creation and management of fund prospectuses and investment trust terms. The new system addresses longstanding operational inefficiencies within the asset management sector, where fund documentation

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The FSA's Working Group on the Provision of Funds to Growing Companies

Sticky Domestic Inflation Drives Divergence Between Japan’s Corporate Profits and Real Economic Growth

Startale Japan Issues Landmark Digital Bond Settled Entirely in Yen Stablecoin

Resona Asset Management Partners with NowCast to Automate Fund Documentation on Snowflake