Major Japanese Banks And BlackRock Join Progmat Initiative To Digitise JGB Repo Market With Instant Settlement Model
Japanese fintech agency Progmat has launched a working group to discover placing Japanese authorities bonds (JGBs) — the nation’s most vital monetary instrument — onto a public blockchain. The initiative, introduced at the moment, brings collectively over 40 organisations together with BlackRock Japan, main home banks akin to MUFG and Mizuho, prime securities corporations, and…
