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Singapore Announces Global Tokenization Initiative in Partnership With BNY Mellon, DBS, JPMorgan, and MUFG
17.11.2023
The Monetary Authority of Singapore (MAS) has announced a global tokenization initiative that seeks to allow tokenized assets to be exchanged by different financial institutions across borders. The initiative, touted by MAS officials as the evolution of Project Guardian, a series of tokenization...
Progmat stablecoin platform takes shape as wallet, liquidity providers join
8.11.2023
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement
Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
26.9.2023
Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
3.6.2023
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution
MUFG Bank strikes exclusive collaboration with TBT Lab
15.5.2023
MUFG Bank has taken over JPY 600m in the form of shares belonging to JP Universe, as well as LOGSYS. Both of these entities are affiliates of TNT Lab, which is basically a lab engaged in business development and has its eyes on Web3, along with the metaverse. MUFG Bank intends to forge a capital...
Insurance Giant Tokio Marine to Offer Its Services in the Metaverse
31.12.2022
Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase insurance products on a metaverse platform, using real...
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
23.2.2022
Mitsubishi UFJ Financial Group (MUFG), one of Japan's largest financial institutions, has decided to suspend its high-speed blockchain payment network
MUFG drops blockchain payment project to focus on stablecoins
23.2.2022
Established in 2019, MUFG’s blockchain payments project GO-Net Japan is shutting down due to low expected profitability
Top Japanese bank MUFG introduces new stablecoin platform
10.2.2022
After many years of digital currency development, Japan’s largest bank MUFG has officially introduced its own stablecoin project
Japanese government considers relaxing strict coin listing rules
4.2.2022
If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go through a long screening process
MUFG boosts its crypto exposure following $41M Zipmex funding round
31.8.2021
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex
Coinbase Partners With MUFG to Launch Operations in Japan
19.8.2021
Leading US-based cryptocurrency exchange Coinbase announced it will launch operations in Japan yesterday. The exchange will be partnering with Mitsubishi UFJ Financial Group (MUFG), a banking institution with more than 40 million customers, to make it easy for residents of Japan to purchase...
Coinbase goes live in Japan in partnership with banking giant MUFG
19.8.2021
Coinbase announced its official launch in Japan in partnership with banking giant Mitsubishi UFJ Financial Group providing a “quick deposit” fiat on-and-off ramp
Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
20.11.2020
Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai
Seven firms in Japan deploy blockchain to digitize trade paperwork
26.10.2020
A new trade management platform in Japan prevents data tampering using blockchain technology
Mitsubishi Launches Blockchain Platform for Metal Trading
11.8.2020
The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades
Huobi Joins Japan STO Association Along With MUFG And 10 Other Players
3.8.2020
Huobi Japan is now part of the local self-regulatory body supporting the development of security token offerings