Japan-Focused DeFi Gateway to Launch by 2027

SMBNikko and Nethermind are planning to develop compliance hooks for Uniswap pools in Japan. This move is part of a Memorandum of Understanding (MOU) with Uniswap Labs, Base, and Nyx Foundation, aiming to establish a Japan-focused DeFi gateway by mid-2027. The partnership aims to provide a compliant onboarding experience for users in Japan.

The MOU targets the development of a Japan-focused DeFi gateway, which would enable users to access and interact with decentralized finance (DeFi) protocols in compliance with local regulations. This would provide a seamless experience for users in Japan, reducing the barriers to entry in the DeFi space.

The partnership between SMBC Nikko, Nethermind, Uniswap Labs, Base, and Nyx Foundation is a significant step towards mainstream adoption of DeFi in Japan.