MUFG is preparing a proof-of-concept for onchain JGB transactions using the Canton network. MUFG plans to use blockchain technology to offer faster settlement of Japanese government bond transactions. The bank is preparing a proof-of-concept for onchain JGB transactions using the Canton network. Blockchain-based intraday U.S. Treasury bonds repo have been in existence for several years through JPMorgan’s Kinexys network, which went live in 2020. Mitsubishi UFJ Financial Group (MUFG) plans to us…
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