Nomura, Mizuho, JSCC to trial tokenized collateral on Canton Network
Today Nomura, Mizuho and the Japan Securities Clearing Corporation (JSCC) and Digital Asset Holdings unveiled plans for a tokenized collateral trial for Japanese government bonds (JGBs) on the Canton Network.
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Backed by Japan's FSA Payment Innovation Project, the proof of concept runs through September 2026 to test 24/7 JGB collateral transfers while preserving bonds' legal status under the Book-Entry Transfer Act.
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