SBI, Daiwa Securities trial digital bond settlement using DCJPY tokenized deposits
Last month six Japanese organizations ran a proof of concept for the settlement of digital bond transactions using the DCJPY tokenized deposit solution developed by DeCurret DCP.
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Six firms including SBI Securities, Daiwa, SBI Shinsei Bank and BOOSTRY completed Japan's first DvP settlement verification pairing security tokens with DCJPY tokenized deposits, using escrow to cut settlement risk in secondary digital-bond trades.
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