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Japan's SBI and SMFG to set up digitalized securities exchange

Osaka platform to use blockchain technology as alternative to TSE

SBI and SMFG have designs on making their bourse a marketplace for nontraditional assets such as real estate, art and movie distribution rights. (Source photos by Reuters) 

TOKYO -- SBI Holdings and Sumitomo Mitsui Financial Group will launch a digitalized stock exchange in Osaka in the spring of 2022 to compete against the Tokyo Stock Exchange, Nikkei has learned.

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