fbpx

Securitize Partners with Japan Security Token Association to Promote Digital Securities

Asia Blockchain Review
July 5, 2019

Securitize and the Japan Security Token Association (JSTA), an advocacy association that supports the digital securities industry, have partnered to encourage the adoption of digital securities in Japan, according to a June 19th report by Cointelegraph Japan. 

Securitize and JSTA will collaborate to educate Japanese financial institutions and businesses on the pros and cons of digital assets. The two parties will also work in collaboration with regulators to bring forth the development of digital assets and trading platforms.

Partnership Promotes Adoption of Digital Securities 

According to Securitize Co-Founder and CEO Carlos Domingo, this joint project reportedly aims to encourage security token adoption in financial markets by promoting their practical use cases, as well as making sure the industry understands all the regulatory and legal frameworks.

“Our partnership with the Japan Security Token Association illustrates our dedication to the Japanese market and our belief that Japan will continue to be one of the leading traditional financial centers but also in the development and adoption of digital securities as the future of all securities,” Domingo said.

JSTA Co-Chairman Go Masuda expressed confidence in the partnership with Securitize, adding that Japan is now prepared for the new financial era.

“Securitize is exactly the best partner for JSTA, so as to enlighten the existing financial market and promote practical uses of digital securities, aligned with the coming regulations and legal frameworks,” Masuda said.

Securitize Strengthens Presence in Asia 

Securitize has initiated multiple projects in Asia so far, including a deal with Elevated Returns to tokenize over US$1 billion in real estate in Thailand on the Tezos blockchain.

Moreover, the Securitize Digital Securities (DS) Protocol has been widely recognized and employed in several large-scale projects in the security token industry.

Source:  https://cointelegraph.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
G20 Leaders: Crypto Assets Do not Pose a Threat
G20 leaders reaffirmed at the Osaka summit late last month that digital currencies are no threat to ...

July 17, 2019

Thai Business School, Blockchain Advisory Jointly Offer Blockchain Course
NIDA Business School, a leading graduate-level institution in Thailand, is collaborating with a bloc...

July 17, 2019

Blockchain Firm ConsenSys Secures $10M from South Korea’s SK Group
The investment from South Korea’s largest telecom comes as Asia’s fourth largest economy gets more i...

July 17, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us