Japan's NEObank offers security token services to 7.7 million customers

According to Odaily Planet Daily, this week, Japan's SBI Network Bank (NEObank) began offering security tokens to its 7.7 million banking customers.

This is part of a partnership with Mitsui Digital Asset Management, which launched security token service Alterna last year.

Alterna was launched in mid-2023 and quickly partnered with Sony Bank. It then partnered with department store operator J Front Retailing, allowing JFR cardholders to invest in Alterna in installments.