JGBs are widely used as collateral for repo transactions by market participants in Japan and overseas.
The working group aims to enable fully onchain repos with tokenized JGB collateral and stablecoin cash legs.
This marks RLUSD’s entry into one of the most sophisticated digital assets markets.
Existing infrastructure will be combined with Canton's blockchain technology.
This positions Japan's derivatives market for global competitiveness & future growth.
Monthly trading reached ¥506.9bn, up 250% year-on year.
Booming capital markets are spurring automation and improving resilience.
This includes combining Japanese equities and ECM and expanding joint coverage of larger sponsors.
They will power use cases for tokenized real-world assets and funds with an initial focus on Japan.