SBI, MUFG back DCJPY tokenized deposit founder DeCurret in $45m funding

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Summary

The Internet Initiative Japan (IIJ) remains the largest shareholder, and is also part of the first use case for DCJPY, the tokenized deposit platform created by DeCurret DCP. The rest provide IT consulting or solutions, including household names Fujitsu and Hitachi. This implies they see an opportunity to help clients to integrate with DCJPY and the digital transformation solutions it enables.DCJPY went into production two weeks ago with a use case similar to a tokenized renewable energy certificate. At that stage, apart from the digital currency unit it also owned a crypto exchange. Following the crypto slump, Amber sold it to Sony last year, and the exchange was recently rebranded to S.BLOX.Now DeCurret has a total of 43 investors.

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