TREE NEWS update: SMBC Nikko Securities said on October 2 that it signed a memorandum of understanding to develop “DeFi Gateway,” a decentralized finance platform for Japanese investors. Partners include blockchain developer Nethermind, Uniswap Labs, the Nyx Foundation, and Coinbase Technologies, which operates the Ethereum Layer 2 network Base. The project will develop a liquidity provision protocol and proprietary liquidity pools compliant with Japanese law, with development targeted for completion by mid-2027.
SMBC Nikko, Uniswap, Coinbase to Build Japan-Compliant DeFi Gateway
The significance is structural: a major Japanese brokerage is treating DeFi as a regulated product line rather than a grey-market curiosity, and assembling Western protocol and infrastructure partners to do it. That combination implies compliance work, not just code, will shape what Japanese users can access. The open question is whether this MOU model becomes a template for other Asian securities houses, or stays a one-off pilot whose mid-2027 target slips.
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