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#JPX Acquires 5% Stake in Blockchain Infrastructure Company BOOSTRY

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According to reports, JPX, the operator of the Tokyo Stock Exchange, will acquire a 5% stake in BOOSTRY, a blockchain infrastructure company established by Nomura Securities and No

#JPX Acquires 5% Stake in Blockchain Infrastructure Company BOOSTRY

According to reports, JPX, the operator of the Tokyo Stock Exchange, will acquire a 5% stake in BOOSTRY, a blockchain infrastructure company established by Nomura Securities and Nomura Research Institute (NRI), with SBI holding a minority stake in the company. After the transaction was completed, Nomura Securities’ shareholding ratio decreased from 56% to 51%, but NRI’s shareholding ratio was 34% and SBI’s shareholding ratio was 10%.

JPX acquires 5% stake in BOOSTRY, a blockchain enterprise invested by Nomura

##Introduction
The Tokyo Stock Exchange’s operator, JPX, has acquired a 5% stake in BOOSTRY, a blockchain infrastructure company established by Nomura Securities and Nomura Research Institute. The transaction also involved SBI holding a minority stake in the company. Following the completion of the deal, Nomura Securities’ shareholding ratio dropped from 56% to 51%, while NRI’s shareholding ratio was at 34%, and SBI’s shareholding ratio was at 10%.
##The significance of JPX’s investment in BOOSTRY
JPX’s investment in BOOSTRY indicates the growing interest among traditional financial institutions in blockchain technology. The acquisition of shares in BOOSTRY, which provides a blockchain-based platform for managing securities, is expected to lead to significant benefits for JPX, including enhanced efficiency in securities issuance, management, and transfer.
##Understanding BOOSTRY’s blockchain infrastructure
BOOSTRY is a blockchain platform that enables the issuance, management, and transfer of securities through the use of smart contracts and blockchain technology. BOOSTRY’s platform eliminates the need for intermediaries, such as clearinghouses or depositories, which are costly and time-consuming. Instead, the platform allows for direct issuance and trading, making the entire process more efficient and cost-effective.
##The role of Nomura Securities and NRI in BOOSTRY
Nomura Securities and NRI are co-founders of BOOSTRY and have played a crucial role in developing the company’s blockchain infrastructure. Nomura Securities, one of Japan’s leading securities firms, brings expertise in securities issuance and management to the table, while NRI, a leading consulting and research firm, provides its blockchain and IT expertise. The two companies have partnered to create a robust blockchain infrastructure that provides a more streamlined and efficient way of managing securities.
##The significance of the JPX-BOOSTRY deal for SBI
SBI, which holds a minority stake in BOOSTRY, has a reputation for being an early investor in blockchain technology and has invested in a range of projects and companies involved in the blockchain space. The company’s investment in BOOSTRY is another step towards its vision of expanding its presence in the blockchain industry and becoming a leader in the space.
##Conclusion
JPX’s acquisition of a 5% stake in BOOSTRY is a significant development in the blockchain industry and a clear indication of traditional financial institutions’ growing interest in blockchain technology. The deal is expected to bring significant benefits to JPX, primarily through the enhanced efficiency of securities issuance, management, and transfer. The BOOSTRY platform, based on blockchain technology, has the potential to streamline and revolutionize the way companies issue and manage securities.
##FAQs
###1. What is BOOSTRY?
BOOSTRY is a blockchain infrastructure company co-founded by Nomura Securities and Nomura Research Institute. The company provides a blockchain-based platform for managing securities, enabling more efficient and cost-effective issuance, management, and transfer of securities through the use of smart contracts.
###2. What is JPX’s investment in BOOSTRY?
JPX has acquired a 5% stake in BOOSTRY, indicating the growing interest among traditional financial institutions in blockchain technology. The investment is expected to provide enhanced efficiency in securities issuance, management, and transfer.
###3. What is SBI’s role in the JPX-BOOSTRY deal?
SBI holds a minority stake in BOOSTRY and has a reputation for being an early investor in blockchain technology. The investment in BOOSTRY is another step towards its vision of expanding its presence in the blockchain industry and becoming a leader in the space.
##Keywords
Blockchain, securities, JPX, BOOSTRY, Nomura Securities, Nomura Research Institute, SBI.

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