Japanese Retailer Marui Group Issues Digital Green Bonds Through Securitize Japan

According to Odaily, Marui Group, a Japanese retailer, has announced the issuance of digital green bonds through its Japanese subsidiary, Securitize Japan. The scale of this issuance is not large, amounting to only 170 million yen, approximately 1.1 million USD. The bonds are targeted at holders of Marui's EPOS credit cards. The 1% interest on the bonds will be paid partly in EPOS points and partly in cash. In previous news, it was announced that BlackRock would collaborate with Securitize to launch a tokenized asset fund called BUIDL. The recent move by Marui Group to issue digital green bonds is seen as a step forward in the adoption of digital assets and blockchain technology in the financial sector. The use of EPOS points as part of the interest payment also indicates a blending of traditional and digital financial systems. While the scale of this issuance may not be large, it represents a significant move in the financial world, as more and more companies are exploring and adopting digital assets and blockchain technology for their operations. The collaboration between BlackRock and Securitize, and now the issuance of digital green bonds by Marui Group, are clear indications of this trend.