🚨 Japan going full degen on tokenized bonds
69 companies + Japanese megabanks just dropped an intermediate report on putting JGBs on-chain. They're recommending book-entry method for managing Japanese government bonds via blockchain.
The play: Digital Asset (the team behind Canton Network) is linking up with Progmat to run live verification of on-chain JGB trading and settlement. They're connecting bank account ledgers directly with on-chain data.
This builds on MUFG's earlier JGB repo work on Canton Network. Real institutional money testing real settlement rails.
TradFi infrastructure meeting crypto rails in real time. Watch this space.
69 companies + Japanese megabanks just dropped an intermediate report on putting JGBs on-chain. They're recommending book-entry method for managing Japanese government bonds via blockchain.
The play: Digital Asset (the team behind Canton Network) is linking up with Progmat to run live verification of on-chain JGB trading and settlement. They're connecting bank account ledgers directly with on-chain data.
This builds on MUFG's earlier JGB repo work on Canton Network. Real institutional money testing real settlement rails.
TradFi infrastructure meeting crypto rails in real time. Watch this space.
