cross-border payments
Progmat has commenced Phase 2 practical verification for "Project Pax," aimed at building a cross-border remittance infrastructure using stablecoins. In addition, The Shoko Chukin Bank has become the first domestic bank to participate in this project. 1. Background and Purpose Project Pax, announced in September 2024, aims to
security token
BOOSTRY has begun offering "E-Prime for IR", a service that enables issuers who raise funds using security tokens to proactively refer to and use investor information and other information necessary for marketing. The domestic public offering of Security Tokens (ST) has reached a cumulative issuance amount of 168.
security token
Mitsui Digital Asset Management (MDM), Shinsei Trust & Banking, SBI Shinsei Bank, and BOOSTRY have collaborated on the public offering of security tokens backed by real estate assets, utilizing the consortium-type blockchain platform "ibet for Fin" developed primarily by BOOSTRY, and have now completed the offering and issuance.
tokenization
Plat'Home announced a business partnership with Securitize Japan, a company that provides a platform for issuing and managing the lifecycle of security tokens/digital securities, in order to promote its Web3 business. This partnership will combine Securitize's top-class track record in the financial sector with Plat&
stablecoin
IDA Finance Hong Kong (IDA), a leading digital asset company based in Hong Kong, Progmat, a digital assets platform provider backed by Japan's largest banking groups and technology firms, Datachain, a leading blockchain firm in Japan, and TOKI FZCO (TOKI), a cross-chain infrastructure provider, have announced a strategic
blockchain
NTT East has selected SettleMint as the Blockchain as a Service (BaaS) platform to support its initiatives in regional public administration and local economic development. This collaboration marks a major step in NTT East’s commitment to leveraging blockchain technology to enhance regional services and strengthen digital transformation efforts. Matthew
blockchain
G.U. Technologies Global, which provides web3 solutions such as blockchain infrastructure, including "Japan Open Chain," has launched the DeFi-based "JOC Lending Program". This program allows users to lend their "Japan Open Chain Token" (JOC Coin), the native token of Japan Open Chain, and
blockchain
KDDI has decided to participate as a node validator in the Bifrost Network. Through this partnership, KDDI will contribute to strengthening security on the Bifrost network and support its penetration into the Japanese market. KDDI has re-affirmed this partnership by listing Bifrost as one of its key Web3 initiatives during
ethereum
Fracton Ventures is Japan's first Cryoto-specialized incubator, proclaiming itself to be a "Protocol Studio for Ethereum." In 2021, the year of its founding, and the following year in 2022, "Fracton Incubation 2021/2022 Powered by bitbank" was held, and a total of 18 Cryoto
trade finance
MUFG Bank has completed its first fully-digitalised trade finance transaction from its GIFT City Branch for a subsidiary of Tata International, the global trading arm of the Tata Group. Utilising the Contour Network Hub from Xalts, MUFG and Tata International's Singapore treasury centre digitally negotiated, prepared, applied, and
web3
NTT Digital and Figment, a leading independent global staking infrastructure provider, are strengthening their validation business efforts with the aim of developing the Web3 ecosystem. NTT Digital provides services using advanced Web3 infrastructure technology to Web3 users who continue to expand globally, and will further promote efforts to develop the
stablecoin
double jump.tokyo, which develops applications using blockchain technology at their core, has raised funds from TIS, a member of the TIS Intec Group that has supported payment infrastructure for many years. By combining double jump.tokyo's knowledge of blockchain technology and enterprise web3 wallets with TIS'