Toyota Launches First Blockchain-Based Security Token Bond
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February 12, 2025 10:14 AM
In Brief:
Toyota Financial Services issues its first blockchain-powered security token bond, "Toyota Wallet ST Bond."
The bond integrates with Toyota Wallet for exclusive user benefits and real-time investor tracking.
Toyota Financial Services has officially launched its first-ever blockchain-based security token bond (ST bond), named the "Toyota Wallet ST Bond." Announced on February 10, this move marks Toyota's entry into blockchain-powered financial instruments, aiming to enhance its relationship with individual investors.
The issuance is backed by Toyota Financial, Toyota Finance, Daiwa Securities, MUFG Bank, MUFG Trust Bank, and Progmat. By utilizing Progmat's digital asset management platform, the bond enables real-time tracking of investor activity while offering exclusive benefits through the Toyota Wallet payment app. This integration enhances user engagement and strengthens Toyota’s digital financial ecosystem.
The ST bond demonstrates Toyota's commitment to innovation in financial technology, leveraging blockchain for secure, transparent, and investor-friendly asset management.
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