MUFG Runs a Proof-of-Concept Putting Japanese Government Bond Repo Trades on the Canton Network
Finextra·low signal
Mitsubishi UFJ Financial Group is testing on-chain settlement for JGB repo transactions using the Canton Network blockchain. JGB repo is one of the highest-volume, lowest-margin settlement flows in Japanese markets, which makes it a serious test rather than a token pilot — the economics only work if the chain actually reduces settlement cost.