Nine Japanese institutions including Mitsui Sumitomo Bank, Daiwa Securities and SBI Securities have completed Phase 2 validation of Project Trinity. The project focuses on removing risks arising from settlement timing gaps through delivery-versus-payment settlement. In the test, Daiwa Securities and SBI Securities simulated the START market of the Osaka Digital Exchange and settled trades using a security token corporate bond and a trust-type stablecoin. They completed two cross-blockchain simultaneous exchanges.

AI infrastructure company Mangoboost on Oct. 12 unveiled Mango Inference, a serverless AI inference platform, at a press briefing in Seoul. The company said the service lets users run AI models without complex infrastructure setup and aims for second-level deployment, low latency, maximum throughput and total cost of ownership efficiency. Users can start with a single API key, and a dedicated inference option is planned. Mangoboost also highlighted its full-stack AI infrastructure and LLMBoost software.