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Crypto

Backpack's Japanese Subsidiary to Partner with Minna Bank, Exploring Yen Transactions and Tokenized Deposits

2026/11/13 06:26(Updated 2026/11/13 09:12)

CoinPost

Written by L.Kikutani

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Backpack's Japanese Subsidiary to Partner with Minna Bank, Exploring Yen Transactions and Tokenized Deposits

Integration of Banking Functions

On the 12th, Minna Bank, a digital bank under the Fukuoka Financial Group, a major regional bank, announced that it has signed a basic agreement with Trek Labs Japan, the Japanese subsidiary of Backpack. The agreement is contingent upon Trek Labs Japan obtaining registration as a crypto asset exchange operator. The plan is to offer a crypto asset trading platform in Japan, incorporating yen deposits and withdrawals, and potentially exploring tokenized deposits in the future...

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