MUFG Bank

Animoca Brands Japan (Animoca Brands KK) was established in 2021 as a Japanese strategic subsidiary of Animoca Brands. Its purpose is to support the adoption of Web3 among Japanese intellectual property (IP) and content holders. Animoca Brands Japan enables well-known IP holders in Japan to join the Web3 ecosystem, taking advantage of the network, reach, and expertise of Animoca Brands to help build the open metaverse.

Fnality began as a research project to explore how Distributed Ledger Technology (DLT) could transform financial markets. This project drew the interest of a consortium of financial institutions, who wanted to investigate how blockchain and DLT could be used to settle securities trades with tokenised cash assets. This initiative was known as the Utility Settlement Coin (USC) Project and its primary goal was to create a peer-to-peer digital cash asset to settle tokenised transactions with finality.