blockchain

Strategic Partnership Between R3 and Solana Foundation

R3, which is represented in Japan through a joint venture with SBI Group, has entered into a strategic partnership with the Solana Foundation to create next-generation internet capital markets that fuse public and private blockchains.

Read also: Progmat, in collaboration with NTT DATA and SBI R3 Japan, has launched both the SaaS version of “Progmat,” a digital asset issuance and management platform, and implementation support services.

Overview

Through this partnership, R3 and the Solana Foundation will build services that natively connect Corda, R3's private blockchain for financial institutions, with Solana, a high-speed, low-fee, highly scalable L1 public blockchain. This will provide the world's first enterprise-grade permissioned consensus service on a public chain.

Corda has participation from numerous financial institutions including HSBC and Bank of America, with over $10 billion worth of tokenized Real World Assets (RWA) held on the network. By connecting Corda and Solana, these financial institutions will be able to access Solana's global public blockchain ecosystem without changing their existing systems.

Against the backdrop of growing interest from institutional investors in RWA tokenization, there is increasing demand to handle tokenized assets on public blockchains. This initiative combines Corda's strengths in identity, privacy, and compliance with Solana's openness, and is expected to accelerate the convergence of traditional finance (TradFi) and decentralized finance (DeFi), leading to dramatic expansion of the tokenized asset ecosystem.

From Balance Sheet Repair to Outward FDI: Ueda Decodes Japan's Persistent External Surplus and Corporate Saving Paradox

The 13th Michel Camdessus Central Banking Lecture at the International Monetary Fund (IMF) convened against a fraught macroeconomic landscape defined by severe geopolitical tensions, energy supply shocks, an unprecedented global artificial intelligence investment surge, and widening international capital imbalances. Delivered at the IMF headquarters in Washington, D.C., the address

Standard Chartered's SC Ventures and SBI Group Back Soter Insure in Series B Second Close

Institutional digital asset insurer Soter Insure has secured strategic investments from SC Ventures, the innovation arm of Standard Chartered, and Japanese financial conglomerate SBI Group in the second close of its Series B funding round. The second close also included follow-on participation from Token Bay Capital, which has backed

South Korea’s ATON Partners with Japan’s ALQOUZ to Target Surging Tokyo Cybersecurity Demand

South Korean digital security and authentication provider ATON has entered into a memorandum of understanding (MOU) with Japanese FinTech firm ALQOUZ to expand its enterprise security solutions into Japan. Under the agreement, the two companies will share commercial intelligence and jointly target corporate clients across Japan. ALQOUZ, a registered FinTech

Tokyo Stock Exchange Operator Subsidiary Backs Smartround to Bridge Japan’s Public and Private Market

JPX Market Innovation & Research (JPXI), the non-exchange strategic arm of Tokyo Stock Exchange operator Japan Exchange Group (JPX), has taken an equity stake in private-market platform Smartround as part of a pre-Series C financing. The deal is structured through newly issued warrants combined with a secondary