Zenith joins Progmat Tokenized JGB / on-chain repo working group
GlobeNewswire (June 24, 2026): Zenith—the EVM execution layer on Canton—joined Progmat’s Tokenized JGB / On-chain Repo Working Group under Japan’s Digital Asset Co-Creation Consortium. Members include MUFG, Mizuho, SMBC, State Street Trust, SBI Securities, Japan Exchange Group, and BlackRock Japan, studying tokenized Japanese Government Bond collateral with stablecoin cash legs for T+0, 24/7 repo. Working group kicked off May 2026; report due October 2026 with potential TJGB pilots later in 2026—targeting Japan’s ~$1.6T JGB repo market.