MUFG Eyes Instant JGB Repos as Blockchain Invades Bond Markets

AI Summary MUFG has launched a pilot to test whether Japanese government bond repo trades can settle in real time on a blockchain network. The major Japanese banking group is working with Digital Asset, creator of the Canton Network, and Progmat on the proof of concept. Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking, and […] fulltext: 349 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/blockchain/mufg-eyes-instant-jgb-repos-as-blockchain-invades-bond-markets/ Source: Bitcoin.com News