TOKYO, Sept 17 (Reuters) – SBI Shinsei Bank, a subsidiary of SBI Holdings, announced on Wednesday its plans to explore the introduction of tokenised deposit payment services tailored for corporate clients. This initiative aims to facilitate faster and more cost-effective cross-border transactions. The bank has entered into a strategic agreement with DeCurret DCP, the provider of Japan’s DCJPY tokenised deposit platform, to evaluate the establishment of this service using Partior’s multicurrency settlement platform for digital money, based in Singapore.
Japan’s SBI Shinsei Bank looking at tokenised deposits for cross-border transactions
