Home » Business » SBI Group to pilot real-time tokenized deposit settlement using Partior Blockchain and DCJPY token
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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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