On the 4th, five global financial institutions, including Mitsubishi UFJ Bank and HSBC, announced the establishment of the non-profit organization 'Global Layer One Organisation (GL1 Org)' in Singapore, tasked with creating common standards for the tokenized financial market. Other participants include Kinexys by J.P. Morgan, the blockchain division of JP Morgan, and SG-FO under the French Société Générale...