Japan2026.10.08CoinPost

SBI, Money Forward, and Mesh Reach Basic Agreement to Form Joint Venture to Simplify Digital Asset Settlement

• The joint venture targets integrating accounts across exchanges and wallets, streamlining purchase/transfer/usage procedures, building settlement infrastructure using crypto and stablecoins, and offering tokenized-asset and digital settlement services for financial institutions and businesses.
• Separately, nine firms including SBI Securities and Daiwa Securities announced on October 6 the completion of operational verification for simultaneous settlement of security tokens using stablecoins, confirming a certain degree of feasibility for inter-brokerage settlement.
• At the Token2049 conference in Singapore on the same day, Mesh also announced a partnership with World Liberty Financial (backed by the Trump family) to enable the USD1 stablecoin for use at millions of merchants worldwide.