Japan’s biggest blockchain fan SBI Holdings is planning a blockchain-powered digital securities exchange in Japan’s Osaka and Kobe areas.
SBI Holdings CEO Yoshitaka Kitao wants to grab the opportunity presented by China’s tightening grip on Hong Kong, according to a report by the Nikkei. The company has held talks with government authorities to create the right tax, regulatory and social environment for an international financial center.
The article referenced the Dojima Commodity Exchange in the region, which is involved in futures trading. It sounds as though SBI is interested in adding a wider range of products beyond commodity futures. Its interest in creating a new hub outside of Tokyo is consistent with the SBI strategy of regional regeneration.
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