Secured Finance joins the tokenized Japanese Government Bond on-chain repo working group to advance tokenized JGB on-chain repos.
Foresight News reports that the decentralized lending protocol Secured Finance has joined the "Tokenized Japanese Government Bond On-Chain Repo Working Group" initiated by Progmat as a party related to lending. The working group will focus on researching on-chain management of tokenized JGB rights, as well as how tokenized JGBs, stablecoin cash, and lending protocol infrastructure can support Japanese institutional investors in on-chain repo transactions. The working group will review legal, accounting, tax, operational, and technical issues related to tokenized Japanese Government Bonds and on-chain repo transactions. The group plans to launch in May 2026 and aims to publish a report in October 2026.
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