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2 clusters · 5 sources · 12 days · First seen · Last updated

On-chain finance development in Japan

Overview

Efforts to advance on-chain finance in Japan have progressed through strategic partnerships and the formation of new corporate entities. Initially, DCP and Pacific Meta partnered to commercialize tokenized deposits, aiming to facilitate on-chain finance ranging from institutional issuance to practical business use, such as automated B2B supply chain payments.

Following this, Pacific Meta expanded its involvement in the sector by establishing a joint venture with RS Holdings called RSPM Digital Finance. This new entity focuses on utilizing blockchain technology and stablecoins to develop next-generation financial infrastructure for retail payments, international remittances, and corporate treasury management. The venture seeks to address cryptocurrency volatility while engaging in dialogue with public and private sectors regarding regulatory frameworks.

Entities

Pacific Meta · Financial Services Agency · DCP

Timeline

  1. [BUSINESS] 2 sources
    Pacific Meta and RS Holdings launch on-chain finance joint venture

    Pacific Meta and RS Holdings have launched RSPM Digital Finance, a joint venture focused on implementing on-chain finance and stablecoin solutions for payments, remittances, and corporate treasury management.

  2. [BUSINESS] 4 sources
    DCP and Pacific Meta partner to commercialize tokenized deposits

    DCP and Pacific Meta have partnered to drive the commercialization of tokenized deposits and on-chain finance in Japan, supporting both financial institution issuance and business-side implementation.

Sources

advertimes.com · iij.ad.jp · media-innovation.jp · neweconomy.jp · prtimes.jp