According to CoinMeta, Wu said that Japanese securities companies SMBC Nikko Securities and Nethermind have announced the signing of memorandums of understanding with Uniswap Labs, Base, and Nyx Foundation to jointly develop a DEFI gateway targeting the Japanese market. The project plans to utilize Uniswap V4 and hooks to build a compliant liquidity pool framework, incorporating AML / CFT and investor protection mechanisms into the pool, and exploring AI-driven Vault, stablecoins, and RWA liquidity strategies. The project is scheduled to be completed by mid-2027, and progress will be shared with regulatory authorities such as the Japanese Financial Services Agency. Currently, the project is still in the development stage and is not yet an online DEFI product.