Initiative for "Inter-bank Settlement of Tokenized Deposits" Selected as a Support Project for the FSA's "FinTech Proof-of-Concept Hub"
DeCurret DCP, GMO Aozora Net Bank, and ABeam Consulting announced their initiative to advance inter-bank settlements for domestic exchange using tokenized deposits has been selected as a support project for the Financial Services Agency's "FinTech Proof-of-Concept Hub." The project aims to achieve 24/7 real-time gross settlement (RTGS) on the blockchain.
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- 📰 Published: April 3, 2026 at 23:00
DeCurret DCP Inc. (HQ: Chiyoda-ku, Tokyo; CEO & COO: Hioe Hirako), GMO Aozora Net Bank, Ltd. (HQ: Shibuya-ku, Tokyo; Chairman: Taketo Kaneko, President: Satoru Mizumachi), and ABeam Consulting Ltd. (HQ: Chuo-ku, Tokyo; President and CEO: Takahiro Yamada) are pleased to announce that their initiative to advance inter-bank settlements in domestic exchange using tokenized deposits has been selected as a support project by the Financial Services Agency's "FinTech Proof-of-Concept Hub."
New on-chain* payment methods utilizing blockchain technology, such as Tokenized Deposits (TD) and Stablecoins (SC), are rapidly gaining social acceptance globally. A key issue in this context is multi-bank compatibility. For instance, if multiple banks tokenize deposits and enable users to transfer TDs across banks, the question of how to conduct the inter-bank settlement arises.
This proof-of-concept will proceed under the basic principle that "on-chain user-to-user transactions should have their inter-bank settlements also completed on-chain."
Specifically, it assumes that inter-bank settlements for TD transfers between users across multiple banks will be conducted on-chain. By making all transactions RTGS (Real-Time Gross Settlement) 24/7/365, we aim to reduce settlement risk, required liquidity, and operational burdens, and will verify its legality, usefulness, and feasibility.
There are two main implementation methods to be tested. The first is the TD lead-manager bank method, where one commercial bank acts as a lead manager to simultaneously execute user-to-user transfers on TD and inter-bank settlements on TD within the lead-manager bank. The second is the TD-SC collaboration method, where inter-bank settlements related to user-to-user TD transfers are conducted using SCs.
On March 3, 2026, at FIN/SUM 2026, Bank of Japan Governor Ueda mentioned the possibility of "tokenizing central bank money." While keeping a close watch on such trends, we intend to actively engage in future discussions and verifications.
Many financial institutions are participating in this proof-of-concept. From the perspective of building Japan's payment infrastructure to support next-generation finance, we will jointly advance discussions on reducing inter-bank settlement risks and creating new business opportunities.
## Participating Companies in the Proof-of-Concept (in Japanese alphabetical order, titles omitted)
*On-chain: High-speed, low-cost transactions executed and recorded on a blockchain.
Reference: Financial Services Agency "Establishment of the FinTech Proof-of-Concept Hub"
https://www.fsa.go.jp/news/29/sonota/20170921/20170921.html
## Company Overviews
Company Name: DeCurret DCP Inc.
URL: https://www.decurret-dcp.com
Location: 2-10-2 Fujimi, Chiyoda-ku, Tokyo
Representative: Hisae Hirako, President, CEO & COO
Business: Digital currency business / Electronic Payment Service Provider, Kanto Local Finance Bureau (Denshi) No. 92
Company Name: GMO Aozora Net Bank, Ltd.
URL: https://gmo-aozora.com/
Location: Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo
Representatives: Taketo Kaneko, Chairman; Satoru Mizumachi, President
Business: Banking
Company Name: ABeam Consulting Ltd.
URL: https://www.abeam.com/jp/en/
Location: Tokyo Midtown Yaesu, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo
Representative: Takahiro Yamada, President and CEO
Business: Management Consulting, Business Process Consulting, IT Consulting, Outsourcing
ABeam Consulting is a comprehensive management consulting firm that provides global services tailored to each country and region through its network centered in Asia. With approximately 9,000 professionals possessing expertise in strategy, BPR, IT, organization/HR, and outsourcing, we offer a wide range of consulting services to companies and organizations in sectors such as finance, manufacturing, retail, energy, information and communications, and the public sector. As a creative partner that co-creates a new future with companies and organizations and leads them to certain transformation, ABeam Consulting contributes to the transformation of companies and society.
Homepage: https://www.abeam.com/jp/en/
New on-chain* payment methods utilizing blockchain technology, such as Tokenized Deposits (TD) and Stablecoins (SC), are rapidly gaining social acceptance globally. A key issue in this context is multi-bank compatibility. For instance, if multiple banks tokenize deposits and enable users to transfer TDs across banks, the question of how to conduct the inter-bank settlement arises.
This proof-of-concept will proceed under the basic principle that "on-chain user-to-user transactions should have their inter-bank settlements also completed on-chain."
Specifically, it assumes that inter-bank settlements for TD transfers between users across multiple banks will be conducted on-chain. By making all transactions RTGS (Real-Time Gross Settlement) 24/7/365, we aim to reduce settlement risk, required liquidity, and operational burdens, and will verify its legality, usefulness, and feasibility.
There are two main implementation methods to be tested. The first is the TD lead-manager bank method, where one commercial bank acts as a lead manager to simultaneously execute user-to-user transfers on TD and inter-bank settlements on TD within the lead-manager bank. The second is the TD-SC collaboration method, where inter-bank settlements related to user-to-user TD transfers are conducted using SCs.
On March 3, 2026, at FIN/SUM 2026, Bank of Japan Governor Ueda mentioned the possibility of "tokenizing central bank money." While keeping a close watch on such trends, we intend to actively engage in future discussions and verifications.
Many financial institutions are participating in this proof-of-concept. From the perspective of building Japan's payment infrastructure to support next-generation finance, we will jointly advance discussions on reducing inter-bank settlement risks and creating new business opportunities.
## Participating Companies in the Proof-of-Concept (in Japanese alphabetical order, titles omitted)
*On-chain: High-speed, low-cost transactions executed and recorded on a blockchain.
Reference: Financial Services Agency "Establishment of the FinTech Proof-of-Concept Hub"
https://www.fsa.go.jp/news/29/sonota/20170921/20170921.html
## Company Overviews
Company Name: DeCurret DCP Inc.
URL: https://www.decurret-dcp.com
Location: 2-10-2 Fujimi, Chiyoda-ku, Tokyo
Representative: Hisae Hirako, President, CEO & COO
Business: Digital currency business / Electronic Payment Service Provider, Kanto Local Finance Bureau (Denshi) No. 92
Company Name: GMO Aozora Net Bank, Ltd.
URL: https://gmo-aozora.com/
Location: Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo
Representatives: Taketo Kaneko, Chairman; Satoru Mizumachi, President
Business: Banking
Company Name: ABeam Consulting Ltd.
URL: https://www.abeam.com/jp/en/
Location: Tokyo Midtown Yaesu, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo
Representative: Takahiro Yamada, President and CEO
Business: Management Consulting, Business Process Consulting, IT Consulting, Outsourcing
ABeam Consulting is a comprehensive management consulting firm that provides global services tailored to each country and region through its network centered in Asia. With approximately 9,000 professionals possessing expertise in strategy, BPR, IT, organization/HR, and outsourcing, we offer a wide range of consulting services to companies and organizations in sectors such as finance, manufacturing, retail, energy, information and communications, and the public sector. As a creative partner that co-creates a new future with companies and organizations and leads them to certain transformation, ABeam Consulting contributes to the transformation of companies and society.
Homepage: https://www.abeam.com/jp/en/
FAQ
What are 'tokenized deposits'?
They are bank deposits converted into a digital form (tokens) that can be handled on a blockchain. This enables programmable transfers and instant settlements.
What is the purpose of this experiment?
It aims to upgrade Japan's payment infrastructure by enabling 24/7 real-time inter-bank settlements, thereby reducing settlement risks and costs.
Why is the Financial Services Agency (FSA) supporting this?
Because the government views this initiative as a crucial step towards enhancing the efficiency and international competitiveness of Japan's entire financial system.