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.
Japan's MUFG Bank and Recruit Holdings were said to be launching a digital currency as part of a new payments venture. MUFG has now put that claim in doubt.
MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.
Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round.
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.
Japanese bank MUFG has backed an additional Series B raise for crypto analytics startup Chainalysis, bringing its round total to $36 million.