TOKYO -- Japan's Tokai Tokyo Financial Holdings will help run Asia's first full-fledged market for digitized securities in Singapore, Nikkei has learned, serving as a bridge for Japanese companies and investors to the blockchain-based trading platform.
The Tokyo-based financial services group will invest roughly 500 million yen ($4.58 million) for a 4.8% stake in the company that will operate the iSTOX maket, which Singapore Exchange is preparing to launch.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
