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Search results for Mitsubishi UFJ Financial Group

Crypto

World Liberty stablecoin USD1 issued natively on Canton, expanding institutional payments infrastructure

World Liberty Financial (WLFI), a cryptocurrency firm involving the Trump family, has issued its stablecoin USD1 in native form on the Canton Network. The move is intended to let institutions handling tokenised real-world assets on Canton use USD1 for payments and fund transfers. World Liberty Financial said it can reduce settlement delays and capital being tied up. A Digital Asset executive said native stablecoins could add flexibility for institutional liquidity and settlement.

Crypto

MUFG Asset Management buys more Strategy shares, boosting indirect bitcoin exposure

Mitsubishi UFJ Asset Management, part of Japan\'s Mitsubishi UFJ group, increased its holdings of bitcoin-holding company Strategy shares to expand indirect exposure to bitcoin. U.Today reported the firm bought an additional 53,430 shares, lifting total holdings to 360,613 shares, up about 17.4 percent, with the stake valued at about $35 million. The position is held via MUFG’s wholly owned subsidiary, not a direct investment by MUFG itself.

Crypto

Japan\'s three megabanks to create joint stablecoin, seek issuance within 2026

Japan\'s three megabanks plan to issue a jointly created stablecoin during fiscal 2026. CoinPost reported that Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corp and Mizuho Bank will soon reach a basic agreement and set up a council to flesh out operations. The plan assumes the banks obtain licences for electronic payment instrument transactions, with a trust bank acting as issuer trustee. The initiative is also tied to securities settlement tests using blockchain data.