JPX, the operator of the Tokyo Stock Exchange, has acquired a 5% stake in BOOSTRY, a blockchain infrastructure company founded by Nomura and Nomura Research Institute (NRI), in which SBI has a minority interest. BOOSTRY provides a platform for tokenized securitized products and corporate bonds, and JPX plans to develop other services in conjunction with the ibet for Fin consortium.
The platform uses the Ethereum-based Quorum enterprise blockchain, while Progmat, the other major security token issuance platform in Japan, is based on R3's Corda enterprise blockchain.
Following the transaction, Nomura's stake in BOOSTRY drops from 56% to 51%, while NRI's (34%) and SBI's (10%) holdings remain unchanged.
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