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51 Insights

CEO Notes

Japan Puts Its Settlement Layer on a Chain

Marc Baumann's avatar
Marc Baumann
Aug 26, 2026
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Hey, it’s Marc.

On August 26, Nikkei reported that Japan’s Financial Services Agency, Ministry of Finance and Bank of Japan will build a blockchain settlement system for stocks and government bonds.

The target is a bond market of roughly ¥1,000 trillion, about $7 trillion.

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The headline word is blockchain. The decision underneath is about money, b…

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