corporate venture capital
Interchange, a financial infrastructure company, has completed two significant operational milestones: a $17 million seed funding round, and the receipt of comprehensive regulatory approvals for its wholly-owned subsidiary, Interchange Clearing LLC. The dual announcement positions Interchange as a formidable new entrant in the securities clearing space, a sector historically dominated
settlement
Regarding the settlement period for stock transactions, Japan migrated from T+3 to T+2 in July 2019, and currently settlement takes place two business days (T+2) after the transaction date (T day) when stock trading occurs. Regarding this stock settlement period, major countries and regions are implementing or
capital markets
Nomura Research Institute, Nomura Securities, BOOSTRY, DeCurret DCP, and Sumitomo Mitsui Banking Corporation collaborated on the issuance of a digital bond using a new settlement scheme, and executed a proof-of-concept for Japan's first securities settlement using digital currency. These steps would expand the market for digital securities and