Friday, March 29, 2024
Home > Mitsui

Tokyo-based Mitsui Announces Strategic Partnership with Web3-focused Animoca Brands

The strategic partnership with Animoca Brands will help solidify Mitsui’s entrance into the Web3 industry that is slated to change global financial markets. Amid the growing blockchain need in Japan, Mitsui & Co Ltd (Japan: 8031), a Tokyo-based trading conglomerate with more than $114 billion in total assets, signed a memorandum

Read More

Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business – Bitcoin News

Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade custody for digital assets and NFTs. Sumitomo Mitsui Trust Bank

Read More

New gold-based stablecoin by trading giant Mitsui reportedly on the way

Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday.Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued as early as February and will be available to retail investors through cryptocurrency exchanges.The stablecoin will be linked to

Read More

Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token

Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The instrument is the first security token compliant with the Financial Instruments and Exchange Act (FIEA) to launch in the Japanese Market. The token has received an “a-1

Read More