Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021

Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai.

Policy & regulation  ·  20 November 2020

Japanese Financial Giant MUFG to Launch Digital Currency in 2020

The world's fifth largest bank is set to go ahead with a digital currency launch in collaboration with parent firm Recruit Group.

Business  ·  20 July 2020
Morgan Creek Digital

Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise

Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round.

Business  ·  5 December 2019
Security Tokens

Leading Japanese Firms Partner on Security Token Research

MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.

Business  ·  6 November 2019
Funding Rounds

Token Tech firm Securitize Raises $14 Million from Santander, MUFG

The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.

Business  ·  24 September 2019

Japan’s Biggest Bank Invests in Crypto Sleuthing Startup Chainalysis

Japanese bank MUFG has backed an additional Series B raise for crypto analytics startup Chainalysis, bringing its round total to $36 million.

Business  ·  17 April 2019

Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.

Business  ·  13 February 2019

MUFG, NTT Data Trial Blockchain for Cross-Border Trade

MUFG and NTT Data are collaborating on a blockchain proof-of-concept aimed to foster trade between Singapore and Japan.

Markets  ·  6 December 2017

Singapore Regulator Teams With Asian Banks for Blockchain KYC Trial

Three major Asian banks and a regulator in Singapore have teamed up for a new blockchain trial focused on customer identification.

Tech  ·  3 October 2017

MUFG on Dimon Remarks: Bank Cryptocurrencies Have ‘Nothing to Do With Bitcoin’

The CEO of Japanese finance group MUFG said today that big bank-issued digital currencies aren't quite the same as bitcoin.

Business  ·  18 September 2017

MUFG, Standard Chartered Plan Blockchain Payments Launch for 2018

A group of international banks is reportedly planning the 2018 launch of cross-border payment services backed by blockchain.

Business  ·  31 March 2017

MUFG is Using Digital Currency to Reward its Employees

Mitsubishi UFJ Financial Group Inc. (MUFG), the parent company of the Bank of Tokyo-Mitsubishi UFJ, has begun work on a new blockchain trial.

Business  ·  19 October 2016

One of Japan’s Largest Banks is Downplaying its Rumored Digital Currency Plans

Is a major Japanese bank developing its own digital currency? MUFG is distancing itself from reports it could release such a product next year.

Business  ·  10 June 2016

MUFG Building Blockchain Proof-of-Concept for Promissory Notes

Blockchain startup Chain has inked a new deal with Bank of Tokyo-Mitsubishi UFJ (MUFG).

Business  ·  11 April 2016