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Japan has raised interest rates by 0.25%. Even though it may not seem like it, this is fueling the carry trade. At the same time, the DTCC is beginning its first real-world tests of tokenized assets. I don’t know about you, but the timing is suspicious will Japan adopt this and drive up the price before the DTCC fully launches tokenized assets in October? That way, the price would be set before tokenized assets are rolled out. We’ll see what happens.

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