SBI Group to pilot real-time tokenized deposit settlement using Partior Blockchain and DCJPY token
The pilot with J.P. Morgan, Standard Chartered, Deutsche Bank, and DBS will enable atomic settlement across multiple currencies using tokenized deposits
Key Takeaways
- SBI Group will conduct a real-time tokenized deposit settlement pilot with major international banks such as J.P. Morgan, Standard Chartered Bank, Deutsche Bank, and DBS.
- The pilot leverages the Partior Blockchain and yen-denominated DCJPY token for settlement.
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SBI Group will pursue real-time tokenized deposit settlement with J.P. Morgan, Standard Chartered Bank, Deutsche Bank, and DBS using Partior Blockchain and the DCJPY, a yen-denominated tokenized deposit provided by DCP.
The pilot will enable atomic settlement with US dollars, euros, and Singapore dollars through tokenized currencies, blockchain technology, and smart contracts.
The initiative represents a collaboration between major international banks to test cross-border settlement capabilities using digital asset infrastructure.
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