MUFG Tests Blockchain for Japanese Government Bond Transactions
Mitsubishi UFJ Financial Group (MUFG) is launching a proof of concept to test Japanese government bond repo transactions on the Canton Network. The initiative aims for automated processing and 24/7 on-chain settlement, enhancing capital and operational efficiency in bond trading.
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MUFG to test Japanese government bond repos on Canton Network
Four companies within Mitsubishi UFJ Financial Group have launched a proof of concept to test Japanese government bond repo transactions on the Canton Network, with the project targeting automated processing and 24-hour on-chain settlement. According to a Thursday announcement from…
MUFG PoC to bring Japanese government bond repo transactions onchain
MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency.
MUFG to test real-time blockchain settlement for Japanese government bond trades
MUFG is preparing a proof-of-concept for onchain JGB transactions using the Canton network.