Last week the Japan Exchange Group (JPX), the operator of the Tokyo Stock Exchange, outlined its medium term strategy and stated it would launch a digital securities market by April 2025. In Japan, digital securities refer to blockchain-based security tokens.
However, its been widely publicized that SBI’s Osaka Digital Exchange plans to launch a tokenized stock exchange by 2023. “I’m not trying to compete,” said Akira Kiyota, CEO of JPX, the Nikkei reported.
However, before 2025, JPX aims to launch new services using digital technologies and is targeting three examples in the next three years, although these may not be blockchain-related.
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