SBI joins the capital of BOOSTRY, in which Nomura HD and NRI have invested. Signed a basic agreement to promote the security token business

SBI Holdings, Inc. has announced that Nomura Holdings, Inc. has sold a portion of its shares in BOOSTRY, Inc.

and SBI Holdings, Inc. have entered into a business alliance for the operation and business of BOOSTRY.

SBI Holdings announced this on July 22.

BOOSTRY was established as a joint venture between Nomura HD and Nomura Research Institute, Ltd. （NRI）and develops and operates ibet, a security token offering (STO) platform.（https://ibet.jp/）
Through this business alliance, SBI, Nomura HD and NRI aim to share their knowledge and experience in blockchain and security tokens and work together to expand BOOSTRY’s security token business.

BOOSTRY’s STO platform is jointly available and we expect that its widespread and rapid adoption will contribute to the healthy development of the industry,”” said SBI.

As a result of SBI’s partial transfer of shares in BOOSTRY from Nomura HD, the ownership ratio will be 56% for Nomura HD, 34% for NRI, and 10% for SBI.（Nomura HD 66%→56%）

Editor’s comment

SBI established the Japan STO Association under the leadership of Mr. Yoshitaka Kitao, President and CEO of SBI, and has obtained certification as a self-regulatory organization under the Financial Instruments and Exchange Law.

Nomura Securities Co.,Ltd., a subsidiary of Nomura Holdings, is a full member of the STO Association, and BOOSTRY is a supporting member of the STO Association.

(images:iStock/Yevhen-Lahunov)