Tokyo Stock Exchange Operator to Acquire 5% Stake in Blockchain Infrastructure Company BOOSTRY

According to reports, JPX, the operator of the Tokyo Stock Exchange, will acquire a 5% stake in BOOSTRY, a blockchain infrastructure company established by Nomura Securities and Nomura Research Institute (NRI), with SBI holding a minority stake in the company. After the transaction was completed, Nomura Securities’ shareholding ratio decreased from 56% to 51%, but NRI’s shareholding ratio was 34% and SBI’s shareholding ratio was 10%.

JPX acquires 5% stake in BOOSTRY, a blockchain enterprise invested by Nomura

In a move that further underscores the growing interest in blockchain technology, the operator of the Tokyo Stock Exchange, JPX, is set to acquire a 5% stake in BOOSTRY, a blockchain infrastructure company. BOOSTRY was established by Nomura Securities and Nomura Research Institute (NRI), with SBI holding a minority stake in the firm.

The Background of BOOSTRY

BOOSTRY is a company that provides a blockchain-powered platform that allows companies to issue and manage digital securities. The goal of the company is to make it easier for companies to raise capital while providing investors with a more transparent and secure way to invest in these digital securities.

The Transaction

As part of the transaction, JPX will acquire a 5% stake in BOOSTRY. Following the completion of the deal, Nomura Securities’ shareholding ratio will decrease from 56% to 51%, while NRI’s shareholding ratio will be 34%, and SBI’s shareholding ratio will be 10%.

The Significance of the Transaction

The move by JPX to acquire a 5% stake in BOOSTRY is significant for a few reasons. For one, it shows that more and more mainstream financial firms are starting to take notice of blockchain technology and the benefits it offers in terms of security and transparency.
Furthermore, it also highlights the potential for blockchain technology to transform the securities industry. By providing a more efficient way for companies to issue and manage digital securities, blockchain technology has the potential to reduce costs and increase transparency for investors.

Potential Impact on the Securities Industry

The impact of blockchain technology on the securities industry has been a topic of discussion for some time now. With the emergence of companies like BOOSTRY, it’s becoming increasingly clear that blockchain technology could transform the way securities are issued and traded.
One of the biggest advantages of blockchain technology is that it can provide a more secure and transparent way for investors to invest in securities. With blockchain technology, all transactions are recorded on a decentralized ledger that cannot be tampered with, meaning that investors can be confident that the information they are seeing is accurate and up-to-date.
Furthermore, blockchain technology can also reduce the costs associated with issuing and trading securities. By using blockchain technology, companies can reduce the need for intermediaries, such as banks and brokers, which can result in lower fees for investors.

Final Thoughts

The move by JPX to acquire a stake in BOOSTRY is a significant development that highlights the growing interest in blockchain technology among mainstream financial firms. With companies like BOOSTRY leading the way, it’s becoming increasingly clear that blockchain technology has the potential to transform the securities industry and provide investors with a more secure and transparent way to invest in digital securities.

FAQs

1. What is BOOSTRY?
BOOSTRY is a blockchain infrastructure company that provides a platform for companies to issue and manage digital securities.
2. What is the significance of JPX’s stake in BOOSTRY?
JPX’s acquisition of a stake in BOOSTRY highlights the growing interest in blockchain technology among mainstream financial firms.
3. What potential impact could blockchain technology have on the securities industry?
Blockchain technology has the potential to transform the way securities are issued and traded, providing a more secure and transparent way for investors to invest in digital securities.