SBI Shinsei Explores DCJPY Tokenized Deposits in Strategic Partnership

SBI Shinsei Bank announced that it plans to explore the launch of DCJPY, a yen-denominated tokenized deposit for corporate and retail clients. The bank also plans to enable foreign currency deposits using tokenized solutions. By adopting distributed ledger technology (DLT), it aims to support multi-currency clearing and settlement efficiently. Strategic Partnership to Integrate Tokenized Deposits The initiative is part of a collaboration with domestic fintech DeCurret DCP and Singapore-based Partior source: https://beincrypto.com/sbi-shinsei-explores-dcjpy-tokenized-deposits-in-strategic-partnership/