Japan Exchange Group (JPX) is acquiring a stake in the Nomura-led Blockchain initiative Boostry as part of a deal to advance the security token market.
Boostry’s shares are now 5% owned by JPX, 51% by Nomura, 34% by NRI, and 10% by SBI. Boostry, a 2019 startup, has created “ibet for Fin,” a decentralized finance platform used to issue security tokens for securitized products and corporate bonds and run by a consortium of 15 companies.
JPX has created a plan for a security token resembling a bond called a Digitally Tracked Green Bond in collaboration with Boostry.
Read More: JPX takes stake in Nomura-led blockchain business Boostry
