Japan Exchange Group, Inc (JPX), Nomura Holdings, Inc, Nomura Research Institute, Ltd. (NRI) and SBI Holdings, Inc. today announced that they have agreed to transfer a portion of Nomura’s shares in BOOSTRY, Co., Ltd. to JPX and have entered into a business alliance agreement regarding BOOSTRY’s operation and business.
As a result of the share transfer, Nomura will own 51%, NRI 34%, SBI 10% and JPX 5% of BOOSTRY’s shares.
The four companies aim to leverage their expertise, skills, personnel and other resources to promote digital asset related business and support the growth of security token markets.
BOOSTRY is leading the development of “ibet for Fin,” the only decentralized finance platform in the country operated by a consortium (currently comprising 15 companies). The platform is used to issue security tokens for securitized…
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