SBI Shinsei explores strategic cooperation with DCJPY tokenized deposits

SBI Xinsheng Bank plans to launch tokenized deposits in Japanese yen-denominated for corporate and retail customers, and utilizes distributed ledger technology (DLT) to enable foreign currency deposits to achieve efficient multi-currency clearing and settlement. The plan will work with DeCurret DCP and Partior to test the application of DCJPY in domestic and cross-border payments, with the goal of achieving implementation in fiscal year 2026.