Japan Exchange Group invests in Boostry for security tokens

Japan Exchange Group (JPX) is investing in blockchain project Boostry already backed by Nomura, Nomura Research Institute and SBI.

JPX now owns five per cent of Boostry’s shares, with Nomura holding 51%, NRI 34% and SBI 10%.

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 products and corporate bonds. The ibet for Fin consortium adopts an operating system that cannot be monopolized by any specific company. Taking advantage of blockchain technology, it provides a network that allows each company to develop and add various services.

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