smbc

Japan’s three largest banks: #MUFG , #SMBC , and #Mizuho - are reportedly planning to launch a joint fiat-backed stablecoin by #FY2026

The initiative follows a pilot conducted with Japan’s Financial Services Agency and could mark a major step toward bank-issued digital currencies in one of the world's largest financial markets.

🚨 SMBC CUTS $BTGO TARGET BUT THE DELAY IS FUELING ITS MOAT 🦈

The market reads the delay as a red light for BitGo, but the real trader's logic states the exact opposite. 🦈 With Q2 revenue hitting $4.33B (up 79.6% YoY) and net losses tightening, this is not a struggling stock narrative. It's a compounding monopoly playing the long game.

SMBC saw through the noise and kept 'Outperform' because every extra quarter of regulatory limbo strengthens BitGo's federally-chartered moat while competitors wait frozen on the sidelines. 📊 Classic first-mover leverage wearing a bearish costume. Adding DTCC, Canton, and Figure partnerships is how you build the rails for tokenized securities.

Question is: are you trading the ticker, or the structural edge the market's underpricing right now? 💬👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BTGO #CryptoCustody #Tokenization #InstitutionalPlay #SMBC

🎯 🦈

Japan is targeting the $#ETF market with $6.4 billion in traded crypto indicators. The Japanese Financial Services Agency is gearing up to launch $#ETF spot traded crypto indicators and investment ETFs, while banks and institutions like #SBI, #Rakuten, #Nomura, and $#SMBC are developing new investment tools. With 14 million investors and a market cap of $34 billion, plus a tax reduction from 55% to 20%; Japan is set to expand in the crypto market.