April 15, 2022
Japan Exchange Group, Inc.
Hitachi, Ltd.
Nomura Securities Co., Ltd.
BOOSTRY Co., Ltd.
Cooperation in the Issuance of Japan’s First
Wholesale Digitally Tracked Green Bond
Japan Exchange Group, Inc. (JPX; Director & Representative Executive Officer, Group CEO: Akira Kiyota), Hitachi, Ltd. (President & CEO: Keiji Kojima), Nomura Securities Co., Ltd. (Representative Director, President: Kentaro Okuda), and BOOSTRY Co., Ltd. (Representative Director and CEO: Toshinori Sasaki) today announce their cooperation in the issuance of a publicly-offered wholesale “Digitally Tracked Green Bond”*1, the first in Japan, using a corporate bond-type security tokens scheme (hereinafter, “digital bond”) that utilizes a blockchain provided by BOOSTRY.
1. Characteristics of the Initiative · Japan’s First Wholesale-Traded Digital Bond
The digital bond will be in the form of a publicly offered STO (Security Token Offering) issued by JPX. An STO is a scheme to raise funds using “security tokens”, which are tokens issued by electronic means such as blockchain that represent stocks, bonds, or other securities, in place of conventional securities. Amendments to the Financial Instruments and Exchange Act and the corresponding amendments to ministerial ordinances that came into effect on May 1, 2020, defined such digital bonds as “electronically recorded transferable rights to be indicated on securities, etc.,” enabling their use under laws and regulations. This digital bond will be the first issued for wholesale trading in Japan.
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Japan’s First Digitally Tracked Green Bond
Being able to measure the effects of invested projects on the environment and society, and represent these with comparable…
