Blockchain interoperability startup Datachain announced that it has raised a fund from Japan’s Mitsubishi UFJ Trust Bank, and the two parties will further strengthen their cooperation to realize the commercialization of stablecoins, digital securities and cross-chain technology. Datachain has not yet disclosed the financing amount. Foresight News previously reported that in early June, TOKI, a cross-chain bridge supporting IBC, had partnered with Mitsubishi UFJ Financial Group’s (MUFG) stablecoin platform Progmat and blockchain interoperability startup Datachain to introduce Japanese yen stablecoins into the public domain. blockchain. Progmat plans to issue Japanese yen stablecoins on multiple blockchain networks in the second quarter of 2024.