What is the main purpose of this collaboration?

To develop and provide a domestically-produced digital asset custody system with high reliability and security for Japanese financial institutions.

When will the system be available?

Development is planned to start within 2026, with the aim of a swift launch after the legal amendment enforcement scheduled for 2027.

AI News NQ Analysis

NEC and Crypto Garage Collaborate to Develop a Domestic Digital Asset Custody System

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NEC and Crypto Garage Collaborate to Develop a Domestic Digital Asset Custody System
NEC and Crypto Garage have announced a collaboration to develop a domestically-produced digital asset custody system for financial institutions, institutional investors, and corporations. Targeting the upcoming amendment to the Financial Instruments and Exchange Act, they aim to start development in 2026 and launch the system promptly after the enforcement of the law in 2027, focusing on high reliability and advanced security.
Source: PR TIMES
Date: Fri Jun 05 2026 11:00:02 GMT+0900 (Japan Standard Time)

Direct answer

NEC and Crypto Garage have announced a collaboration to develop a domestically-produced digital asset custody system for financial institutions, institutional investors, and corporations. Targeting the upcoming amendment to the Financial Instruments and Exchange Act, they aim to start development in 2026 and launch the system promptly after the enforcement of the law in 2027, focusing on high reliability and advanced security.

Citation: NEC and Crypto Garage Collaborate to Develop a Domestic Digital Asset Custody System (Fri Jun 05 2026 11:00:02 GMT+0900 (Japan Standard Time)), PR TIMES
Source: PR TIMES
Date: Fri Jun 05 2026 11:00:02 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

NEC and Crypto Garage have announced a collaboration to develop a domestically-produced digital asset custody system for financial institutions, institutional investors, and corporations. Targeting the upcoming amendment to the Financial Instruments and Exchange Act, they aim to start development in 2026 and launch the system promptly after the enforcement of the law in 2027, focusing on high reliability and advanced security.

AI Analysis

Frequently Asked Questions

Q: What is the main purpose of this collaboration?: A: To develop and provide a domestically-produced digital asset custody system with high reliability and security for Japanese financial institutions.
Q: When will the system be available?: A: Development is planned to start within 2026, with the aim of a swift launch after the legal amendment enforcement scheduled for 2027.
Q: Who is the target customer for this system?: A: The primary targets are financial institutions, institutional investors, and corporations; it is a B2B service.