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Japan to Test Digital State Bonds as Collateral on Canton Network

Japan to Test Digital State Bonds as Collateral on Canton Network

Japan is launching a pilot to test Japanese Government Bonds (JGBs) as digital collateral on the Canton Network, involving Mizuho, Nomura, and JSCC. The trial aims to facilitate 24/7 global settlement of state bonds, marking a significant step in integrating digital assets into Japan’s financial infrastructure. The test is part of broader efforts to modernize government bond trading.

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