Japan STO Association

Japanese bank Sumitomo Mitsui

Sumitomo Mitsui, a Japanese bank, has launched the country’s first ‘a-1’ rated security token

Sumitomo Mitsui Trust Bank, or SMTB, a Japanese bank, launched its first asset-backed securities token on March 29 in collaboration with Securitize. The instrument is the first security token to enter the Japanese market that complies with the Financial Instruments. And Exchange Act (FIEA). In addition, Rating and Investment Information, Inc, a Japanese rating agency. […]