The Japan Exchange Group (JPX), which operates the Tokyo Stock Exchange, will issue a corporate green bond as a security token using the BOOSTRY blockchain platform. Nomura is the structuring agent and underwriter, and Hitachi will monitor the carbon emissions prevented by renewable energy generation activities.
Nomura and Nomura Research Institute started working on a blockchain bond solution in 2019, incorporating BOOSTRY later that year. SBI bought a 10% stake in 2020. The company open-sourced its ‘ibet’ software solution for bonds.
JPX plans to have a public security token offering (STO), which JPX claims is the first digital green bond for wholesale trading in Japan.
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