Sumitomo Mitsui launches Japan’s first “a-1” Rated Security Token In Collaboration With
On March 29, Japanese bank Sumitomo Mitsui Trust Bank, or SMTB launched the country’s first ‘a-1’ rated security token in collaboration with Securitize. The token implies with Japan’s country’s Financial Instruments and Exchange Act. The security token is one of the first product to comply with the Financial Instruments and Exchange Act (FIEA) in the Japanese Market. The token happened to receive an “a-1 rating” from Rating and Investment Information, Inc. The rating indicate