Announced details
Settlement between securities companies in the secondary market for security tokens
The project confirmed results as expected within the scenarios and timelines established for the demonstration.
2 proprietary ST transfer transactions using STs and SCs actually issued for the demonstration
Eight related companies and SBI VC Trade jointly conducted the demonstration project. Progmat and Datachain jointly provided the cross-chain technology, while Sumitomo Mitsui Banking Corporation provided the SC platform. TISI and Fireblocks supported the SC platform.
The representatives listed in the main text are: Sumitomo Mitsui Banking Corporation: President and CEO Fukudome Akihiro (福留朗裕); 大和証券株式会社: Representative Director and President Ogino Akihiko (荻野明彦); 株式会社SBI証券: Representative Director and President Takamura Masato (髙村正人); SBI R3 Japan株式会社: Representative Director Fujimoto Mamoru (藤本守); 大阪デジタルエクスチェンジ株式会社: Representative Director and President Mikazuki Hitoo (朏仁雄); 株式会社BOOSTRY: Representative Director, President and CEO Hirai Kazuma (平井数磨); Progmat株式会社: Representative Director, Founder and CEO Saito Tatsuya (齊藤達哉); 株式会社Datachain: Representative Director and CEO Hisada Satoshi (久田哲史); SBI VCトレード株式会社: Representative Director and President Kondo Tomohiko (近藤智彦); TISI株式会社: Representative Director, President and Executive Officer Okamoto Yasushi (岡本安史); and Fireblocks: CEO Michael Shaulov. Other information, including location, capital, year established and business activities, is Not disclosed.
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Project Trinity, Self-placed ST bonds, Type 3 electronic payment instrument (specific trust beneficiary rights-type SC), ST platform and corporate bond register management service, Cross-chain technology between STs and SCs |
| Counterparty | Sumitomo Mitsui Banking Corporation, Daiwa Securities Co., Ltd., SBI SECURITIES CO., LTD., SBI R3 Japan株式会社, Osaka Digital Exchange Co., Ltd., BOOSTRY Co., Ltd., Progmat, Inc., Datachain, Inc., SBI VC Trade Co., Ltd., 株式会社TISI, Fireblocks Pte. Ltd. |
| Counterparty overview | The representatives listed in the main text are: Sumitomo Mitsui Banking Corporation: President and CEO Fukudome Akihiro (福留朗裕); 大和証券株式会社: Representative Director and President Ogino Akihiko (荻野明彦); 株式会社SBI証券: Representative Director and President Takamura Masato (髙村正人); SBI R3 Japan株式会社: Representative Director Fujimoto Mamoru (藤本守); 大阪デジタルエクスチェンジ株式会社: Representative Director and President Mikazuki Hitoo (朏仁雄); 株式会社BOOSTRY: Representative Director, President and CEO Hirai Kazuma (平井数磨); Progmat株式会社: Representative Director, Founder and CEO Saito Tatsuya (齊藤達哉); 株式会社Datachain: Representative Director and CEO Hisada Satoshi (久田哲史); SBI VCトレード株式会社: Representative Director and President Kondo Tomohiko (近藤智彦); TISI株式会社: Representative Director, President and Executive Officer Okamoto Yasushi (岡本安史); and Fireblocks: CEO Michael Shaulov. Other information, including location, capital, year established and business activities, is Not disclosed. |
| Relationship with the Company | Eight related companies and SBI VC Trade jointly conducted the demonstration project. Progmat and Datachain jointly provided the cross-chain technology, while Sumitomo Mitsui Banking Corporation provided the SC platform. TISI and Fireblocks supported the SC platform. |
| Launch date | Phase 1: August 2025 to March 2026 (completed); Phase 2: April 2026 to September 2026 (completed) |
| Applicable area | Settlement between securities companies in the secondary market for security tokens |
| Quantitative Effects | The project confirmed results as expected within the scenarios and timelines established for the demonstration. |
| Usage history | 2 proprietary ST transfer transactions using STs and SCs actually issued for the demonstration |
Items this document does not state (10)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To structurally eliminate principal risk arising from one-sided performance in security token transactions and streamline settlement.