Today Japan’s SBI Securities said it’s ready to get involved with security token offerings (STOs) after updating its registration, so it’s legally compliant. Specifically, it can offer blockchain-based security tokens to its retail customers.
The company also said it would handle over-the-counter transactions for the secondary trading of tokens that it has issued.
Tokenized corporate bonds were the first type of security tokens mentioned, and SBI is an investor in the Nomura BOOSTRY platform, which is working on a tokenized bond solution. Last year it issued a security token for another SBI subsidiary, SBI e-Sports.
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