On June 9, Mitsui & Co. Digital Asset Management and Sony Bank signed a business consignment agreement, under which the digital securities service “ALTERNA” developed and operated by Mitsui & Co. Digital Asset Management will be provided to Sony Bank’s customers. announced that it will be launched. Sony Bank will become the first ALTERNA alliance partner for internet banks.
ALTERNA is an asset management service that provides “digital securities funds” issued using technologies such as blockchain, with a total of 230 billion yen in assets under management (as of the end of April 2023). The company plans to invest in stable assets such as real estate and infrastructure, and promote the commercialization of small-lot products as a digital securities fund, “Mitsui & Co.’s Digital Securities.”
Through this business alliance, Mitsui & Co. Digital Asset Management will outsource the handling of the offering of digital securities offered by ALTERNA to Sony Bank, and Sony Bank will handle the offering of digital securities offered by ALTERNA to customers. Become.
｜Text and editing: coindesk JAPAN editorial department
｜ Top image: From the release