MUFG teams with Digital Asset, Progmat on Canton Network pilot for on-chain JGB repo trades

MUFG•2026-08-13

Regulatory pilot context

The work forms part of Japan FSA’s Payment Innovation Project pilots selected in February 2026.

Automation and settlement goals

The proof-of-concept also aims to automate the full repo lifecycle via a lending protocol from Secured Finance to support intraday, near real-time settlement.

The strategic goal is faster settlement, lower operational friction, and improved funding efficiency through extended settlement windows.

MUFG launches proof-of-concept for on-chain JGB repos

Mitsubishi UFJ Financial Group launched a proof-of-concept with Digital Asset Holdings, Progmat, and four MUFG units for on-chain JGB repos.

The project uses Canton Network to test delivery-versus-payment settlement of JGBs versus digital money such as tokenized deposits or stablecoins.

Sources

MUFG teams with Digital Asset, Progmat on Canton Network pilot for on-chain JGB repo trades

Docs

MUFG teams with Digital Asset, Progmat on Canton Network pilot for on-chain JGB repo trades

Regulatory pilot context

Automation and settlement goals

MUFG launches proof-of-concept for on-chain JGB repos

Related News

Nasdaq Trade Halt <COOL.O> Reason Not Available at 04:00 AM

RBC: Jefferies raises target price to C$268 from C$240

Morningstar brings back South Africa investment conference for financial advisers in 2026

Sources

MUFG teams with Digital Asset, Progmat on Canton Network pilot for on-chain JGB repo trades

Zillow Group, Inc. <Z.O>: Jefferies cuts target price to $46 from $60

Funko attends PokémonXP, showcases Pop! Yourself Pokémon customization options