MUFG launches PoC for on-chain JGB repo in Tokyo; real-time intraday settlement
MUFG launches PoC for on-chain JGB repo in Tokyo; real-time intraday settlement Announcement of the Launch of a Proof-of-Concept for On-Chain Japanese Government Bond Repo Transactions 1 Mitsubishi UFJ Financial Group, Inc. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Mitsubishi UFJ Trust and Banking Corporation MUFG Bank, Ltd. Announcement of the Launch of a Proof-of-Concept for On-Chain Japanese Government Bond Repo Transactions Tokyo, August 13, 2026 — Mitsubishi UFJ Financial Group, Inc. (President & Group CEO: Junichi Hanzawa; “MUFG”), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (President & CEO: Hiroyuki Seki; “Mitsubishi UFJ Morgan Stanley Securities”), Mitsubishi UFJ Trust and Banking Corporation (President: Hiroshi Kubota; “Mitsubishi UFJ Trust and Banking”), and MUFG Bank, Ltd. (President & CEO: Masakazu Osawa; “MUFG Bank”) (together, the “four MUFG companies”) announce that, together with Digital Asset Holdings, LLC (CEO: Yuval Rooz; “DA”) and Progmat, Inc. (CEO: Tatsuya Saito; “Progmat”), they are launching a collaboration on a proof-of-concept (“PoC” ) for bringing on-chain Japanese Government Bond (“JGB”) repo transactions using Canton Network, a blockchain purpose-built for institutional finance. ...