Odaily News Toyota Financial Services announced on the 10th that it will issue the first security token bond (ST bond). The company will cooperate with Toyota Financial, Daiwa Securities, Mitsubishi UFJ Bank, Mitsubishi UFJ Trust Bank and Progmat.
ST Bonds (also known as Toyota Wallet ST Bonds) will use blockchain technology to strengthen the connection between the Toyota Group and individual investors. The issuance plan will adopt Progmat's digital asset issuance and management platform "Progmat (SaaS)", which can obtain investor information in a timely manner and provide services based on the latest information by sharing information between TOYOTA Wallet and Progmat. (Coinpost)