MUFG to Test Japanese Government Bond Repos on Canton Network

MUFG to test Japanese government bond repos on Canton Network

Four companies within Mitsubishi UFJ Financial Group have launched a proof of concept to test Japanese government bond repo transactions on the Canton Network, with the project targeting automated processing and 24-hour on-chain settlement. According to a Thursday announcement from…

MUFG PoC to Bring Japanese Government Bond Repos Onchain

MUFG plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency.

MUFG to test real-time blockchain settlement for Japanese government bond trades

MUFG is preparing a proof-of-concept for onchain JGB transactions using the Canton network.

Canton Network Powers MUFG's New JGB Repo Pilot

Canton Network is now running MUFG's proof-of-concept for Japanese Government Bond repo trades, launched August 13, 2026. The pilot pairs MUFG's four financial units with Digital Asset and Progmat to test real-time, automated bond settlement.

Proof of Concept Launched for Japanese Government Bond Repos

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, tog…

MUFG Tests Blockchain Settlement in Japan’s $1.7T JGB Repo Market

Summary: MUFG launched a proof-of-concept for on-chain Japanese government bond repo transactions. The project links JGB transfers with digital-money settlement […] The post MUFG Tests Blockchain Settlement in Japan’s $1.7T JGB Repo Market appeared first on CoinsPress.