Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
SBI Holdings
World exchanges

Japanese SBI Holdings plans to launch its own exchange for tokenized securities

01.11.2020
2 min read

How SBI Holdings develops the market for tokenized securities

SBI Holdings is one of the largest financial services companies in Japan. Its CEO recently announced that a new STO platform is being developed to enable the exchange of tokenized securities. The service will be launched during the course of this year.
According to the media, the holding is currently negotiating cooperation with a number of Japanese companies that are members of the tokenized securities association. SBI Holdings wants to involve them in the joint development of a product that has good prospects. This association includes Monex Group, a trading platform with securities. Under its management is the Coincheck Exchange, which specializes in transactions with different shares and operates using cryptocurrencies.
The head of SBI said he plans to create an exchange company by the end of this year, which will deal with securities. One of the tasks is to obtain the appropriate permissions from the state agency, which controls the provision of financial services and the activities of cryptocurrency exchanges. Besides, the securities management bodies should give their good.
Transactions in tokenized shares are becoming more and more popular in Japan. In order to regulate activities with them and ensure maximum investor protection, the association dealing with this type of securities is developing rules that will improve a number of processes.

SBI Holdings

SBI Holdings is already preparing a number of products that will be used for the STO in the future. Until the exchange is launched, these tools will be used on other trading platforms.
This is not the first development for SBI Holdings. Last autumn, it invested more than a billion dollars in the U.S. market, which conducts operations with token shares. Part of these funds will be used to establish the company’s representative office in Japan as well. In addition, the holding has invested in the Stuttgart Stock Exchange divisions. The purpose of this cooperation is to create a single infrastructure of digital assets for Europe and Asia. The platforms are based on blockchain technology and allow trading using cryptocurrencies. In 2016 SBI presented an application for electronic payments, which was developed jointly with Ripple.
Interestingly, other giants are also investing in tokenization. An example is the electronic corporation Sony, which has invested in new block projects.
Tokenization of securities is a promising area, which is supported by the largest financial institutions in the world market. Mitsubishi UFJ has also joined the trends and is actively investing in the development of this technology. Tokenization makes it possible to carry out trading operations safely, while reducing the cost of large transactions.

Tags: World exchanges
0
Previous Post Experts: it's too early to talk about a rally in the EM market Next Post Fintech-startup Revolut Ltd received $500 million investment

You Might Also Like

St. Petersburg Stock Exchange
World exchanges
Trading volumes on the St. Petersburg Stock Exchange are growing: an overview on the stock market
07.10.2021
OKX
World exchanges
OKX cryptocurrency exchange has US$10bn in reserves
04.10.2023
Nasdaq Riga
World exchanges
Nasdaq Riga: history and modern development of the Riga Stock Exchange
11.02.2025
list in New York
World exchanges
Pershing Square hedge fund to listing in New York
04.09.2024
IPO decline
World exchanges
Why IPOs are declining on the global stock exchanges
20.09.2024
Chicago Board Options Exchange
World exchanges
Chicago Board Options Exchange resumes trading in cryptocurrency futures
26.12.2021

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics