JPX acquires a stake in the Nomura-led Blockchain company Boostry

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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

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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