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Pilot or experimentListed by Progmat

MUFG firms announce a domestic tokenised-fund experiment1

The joint release scheduled a domestic tokenised investment-trust fund for establishment on 31 August 2026 as an experiment.1

Source listed · Reviewed

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Japanese original ↗プレスリリース「本邦初の国内籍トークン化投資信託の設定・実運用環境における実証実験の開始」

What changed

  • The fund is intended to test investment management, trust administration and tokenisation infrastructure in a real operating environment.2
  • The fund's beneficial interests will not be offered or sold to external institutional or individual investors.3
  • The planned structure keeps the beneficial rights represented on certificates.4
  • The planned structure manages the register on-chain.4

Why it matters

The fund is intended to build practical knowledge of establishing and operating tokenised investment trusts.3

Uncertainties

  • The release does not guarantee future products, services or investment opportunities.5
  • The experiment's content or operation may change with changes in the legal, regulatory, system or technical environment.6

Watch next

  • The firms plan to expand the testing scope towards provision to external investors after the fund is established.7
  • The firms plan to expand testing of links with stablecoins or tokenised deposits after the fund is established.7