Japan to Enter the Blockchain Era with Round-the-Clock Government Bond Trading

Japan Begins Digital Bond Era With Launch of Tokenized Government Debt

TL;DR: The DCC consortium, operated by Progmat, initiated a task force on May 7, 2026, for the tokenization of Japanese Government Bonds (JGB). The initiative integrates global institutions such as BlackRock Japan, alongside local entities like Mizuho Bank and Sumitomo Mitsui Banking Corporation. The yield on the 10-year Japanese sovereign bond stood at approximately 2.48% at the close of the session on May 8, 2026. The government of Japan has …

Japan to Enter the Blockchain Era with Round-the-Clock Government Bond Trading

The government expects this system to be in operation later this year, aiming to lower costs and speed up transactions involving government bonds. Digital asset developer Progmat will serve as the secretariat for the organization undertaking this tokenization endeavor. Japan Taps Blockchain For Speeding Up Government Bond Trading Blockchain is making inroads in all aspects […]

Japan Unveils Tokenized Government Bonds on Blockchain

Japan is moving toward a major transformation in sovereign debt management through the planned introduction of digitized government bonds issued on a decentralized blockchain network. The initiative represents one of the country’s earliest efforts to modernize traditional debt infrastructure by combining state-backed securities with distributed ledger technology. The upcoming program is expected to allow government bonds to operate continuously …

Avalanche Targets Japan’s $1.6T Bond Market With Progmat Collaboration

Key Takeaways: Avalanche and Progmat are initiating a long-term campaign to shift the Japanese government bond repo business onto-chain. Stablecoin settlement, DeFi-powered repo transactions and tokenized Japanese Government Bonds (TJGBs) are included in the project. There are more than $2 billion in tokenized securities already on a Progmat platform, powered by its infrastructure on the Avalanche chain. The country’s huge government bond marke…

Japan Is Putting Its $1.6T Repo Market on the Blockchain

Japan’s financial establishment is making its most ambitious move yet into digital assets. A consortium of the country’s largest banks and securities firms is planning to tokenize Japanese government bonds and settle transactions using stablecoins. It will enable 24/7 instant settlement by the end of 2026.  JAPAN TO PUT ITS $1.6T REPO MARKET ON THE BLOCKCHAIN A consortium of Japan's top financial institutions plans to launch 24/7 trading of toke…