G.U. Group Signs Basic Agreement with Aozora Bank Group on Stablecoin Issuance and Completes 150 Million yen Fundraising.
G.U.Group, inc. (Headquarters: Shibuya, Tokyo; CEOs: Hidekazu Kondo and Daimei Inaba), a provider of Web3 solutions such as stablecoin issuance and management systems and blockchain infrastructure, has announced the signing of a basic agreement with Aozora Bank, Ltd. (Headquarters: Chiyoda, Tokyo; Representative Director, President and CEO: Hideto Oomi) to consider issuing a specific trust beneficiary rights-type stablecoin utilizing trust functions. Additionally, G.U. Group has successfully raised 150 million yen through convertible corporate bonds with token conversion rights from Aozora HYBRID3 Investment Business Limited Partnership, marking the first such bond issuance in Japan (according to the company). This brings the total amount raised by the group to approximately 1 billion yen.