LayerX Inc. is pleased to announce that it has signed a memorandum of understanding on a strategic partnership with MUFG Bank, Ltd. In addition to the Series B funding announced on September 1, 2025, the two companies will begin exploring collaboration to achieve organizational transformation and create new businesses using the generative AI platform “Ai Workforce” developed by the AI/LLM business, in addition to their existing collaboration on the “Bakraku” business.
LayerX, Mitsubishi UFJ Financial Group, Inc., and MUFG Bank have been collaborating for a long time since their blockchain collaboration in 2019. They have built a deep relationship since the company’s inception, including an investment from a venture capital fund managed by a consolidated subsidiary of MUFG in 2023.
In 2024, the two companies signed a business partnership agreement and began offering “Bakraku for MUFG” to MUFG’s corporate clients. The generative AI platform “Ai Workforce” was also introduced to MUFG Bank, and efforts are being made to improve the efficiency of sales activities by stimulating internal knowledge sharing. In parallel with the Series B funding discussions announced on September 2, 2025, the two companies have begun considering further strategic partnerships based on their past collaborative track record.
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The strategic partnership concluded this time aims to mutually provide MUFG Group’s financial business and レイヤーエックス‘s knowledge, know-how, and customer base in the areas of corporate expense management, AI, and LLM. In addition to the existing “Bakraku” business, the two companies will begin full-scale collaboration to realize corporate transformation and create new businesses by utilizing “Ai Workforce.”
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