Today’s brief

03

DTCC tokenization service goes live

This is a practical step toward letting institutions use tokenized versions of traditionally custodied securities without leaving core market infrastructure, which could make collateral movement and settlement workflows more flexible.

04

SBI Holdings and Cross River agree JV plan for Japan

The deal signals that Japan may get a new embedded-finance infrastructure platform combining a domestic financial group with a U.S. banking-technology provider, which could broaden how companies add payments and other financial functions to their services.