
JPYC, Japan’s first on‑shore yen‑backed stablecoin, closed the first tranche of its Series B round, raising ¥1.78 billion ($12 million). The round was led by Asteria Corporation and featured a slate of corporate investors such as Meiji Yasuda Life and West Japan Railway, with crypto exchange BitFlyer as the only digital‑asset backer. JPYC is leveraging its partnership with payment‑infrastructure firm Densan Systems to pilot stablecoin use in konbini payments, cross‑border remittances and tourism services. It also participates in Circle’s StableFX platform, expanding its reach in the global stablecoin FX market.

Japanese yen stablecoin issuer JPYC completed the first close of its Series B round, raising ¥1.78 billion ($12 million). The round was led by Asteria Corporation and included investors such as BitFlyer Holdings, Meiji Yasuda Life Insurance and West Japan Railway. The...

Kenanga Investment Bank has unveiled its Myrra tokenization platform, issuing two tokenized money‑market funds on the Stellar blockchain – a first for Malaysia. At the same time, CIMB, the country’s second‑largest bank, announced a partnership with Ant International to explore...

South Korea passed tokenization legislation, enabling security token markets. Two consortia, led by Korea Exchange and Nextrade, received preliminary approval to operate OTC trading venues. Shinhan Securities signed an agreement with the Nextrade consortium to support fractional investments in real‑world...

Ledn, a leading bitcoin lender, has launched its inaugural $188 million asset‑backed security (ABS) with Jefferies as lead manager. The 15‑year note’s Class A tranche received a preliminary BBB‑ rating from S&P Global, reflecting moderate credit quality. The securities are backed by...

Crypto lender Ledn launched its first $188 million asset‑backed securities (ABS) backed by bitcoin loans, with Jefferies serving as lead manager. The issuance marks Ledn’s entry into the debt market, offering a low‑LTV, diversified loan pool.

Bank Negara Malaysia (BNM) has moved forward with its Digital Asset Innovation Hub, onboarding three stablecoin and tokenized‑deposit projects from more than 30 applicants. The sandbox pilots focus on domestic and cross‑border wholesale payments as well as settlement of tokenized...

Nomura Securities and Daiwa Securities have launched a proof‑of‑concept to settle securities using stablecoins alongside Japan’s three megabanks—MUFG, SMBC and Mizuho. The trial, conducted in the Financial Services Agency’s Fintech PoC Hub, will employ a jointly issued token dubbed “3 Mega SC.”...

LG CNS demonstrated an AI agentic payment system that uses deposit tokens, as part of the Bank of Korea’s Project Han River wholesale CBDC trials. The demo featured virtual personas acting as content creators and buyers, autonomously negotiating and settling...
Aaron Gwak argues tokenization isn’t a futuristic buzzword but a revival of the direct, bearer‑style ownership that existed centuries ago, now reinforced by modern regulatory safeguards. Libeara’s data shows that over $1 billion of tokenized assets were sold, with more than...