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Category MUFG

Japan's Top Banks Plan Joint Stablecoin Launch: Nikkei

Japan's Top Banks Plan Joint Stablecoin Launch: Nikkei

Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, according to a s...
Banks bet big on Oracle’s cloud future with $38B data center financing

Banks bet big on Oracle’s cloud future with $38B data center financing

JPMorgan Chase and Mitsubishi UFJ Financial Group plan to invest $38 billion to finance data centers connected to Oracle.
JPMorgan and Mitsubishi are negotiating a $22 billion loan to finance an AI data center

JPMorgan and Mitsubishi are negotiating a $22 billion loan to finance an AI data center

JPMorgan Chase and Mitsubishi UFJ Financial Group (MUFG) are reportedly getting ready to close a financing deal worth $22 billion to support Vantag...
MUFG acquires $681M Osaka real estate to push tokenization in Japanese markets

MUFG acquires $681M Osaka real estate to push tokenization in Japanese markets

MUFG, through its trust banking unit, just dropped over ¥100 billion ($681 million) on a high-rise building in Osaka City. According to The Nikkei,...
Japan: Binance to Launch Dollar, Yen, Euro Stablecoins in 2024

Japan: Binance to Launch Dollar, Yen, Euro Stablecoins in 2024

Binance is looking to launch stablecoins denominated in three major currencies, i.e., the dollar, euro, and yen, in…