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Toyota will collaborate with Mitsubishi UFJ and other companies to issue the first blockchain ST bond
Odaily Planet Daily News Toyota Financial Services announced on the 10th that it will issue the first security token bond (ST bond). The company will cooperate with Toyota Finance, Daiwa Securities, Mitsubishi UFJ Bank, Mitsubishi UFJ Trust Bank, and Progmat. ST bonds (also known as Toyota Wallet ST bonds) will use blockchain technology to strengthen the connection between Toyota Group and individual investors. The issuance plan will adopt Progmat’s digital asset issuance and management platform ‘Progmat (SaaS)’, share information between TOYOTA Wallet and Progmat, and provide services based on the latest information in a timely manner. (Coinpost)