Coincheck will end Blood Crystal trading and withdrawals on August 26 after citing project-continuity and liquidity concerns, leaving BC with no other registered Japanese exchange.
Ondo Finance and SBI Group plan to tokenize Japanese equities, distribute Ondo products through SBI and explore JPYSC for onchain settlement and collateral.
Sony Bank won preliminary OCC approval for Connectia Trust, a New York national trust bank built around dollar stablecoin issuance, reserve maintenance and Sony platform payments.