🇯🇵 BlackRock signs an MOU with SBI Holdings and Startale to explore integration between a tokenized MMF and Japan’s yen stablecoin “JPYSC”

BlackRock, SBI Holdings and Startale have entered into an MOU to consider coordination between a tokenised MMF and the Japanese yen stablecoin JPYSC. The three parties are reportedly seeking to strengthen their cooperation and explore the potential uses of digital assets.

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The story

BlackRock, SBI Holdings and Startale have entered into an MOU. Discussions on the use of digital assets in the asset management sector will begin as a result.

The parties will consider coordination between a tokenised MMF and Japan's yen stablecoin JPYSC.

At a glance

ParticipantsBlackRock, SBI Holdings and Startale are the three parties involved

EventEntered into an MOU

FocusConsidering coordination between a tokenised MMF and JPYSC

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