Tezos Japan has joined the Japan Security Token Association (JSTA) as supporting member. (JSTA website links to this article announcing the news.)
JSTA was founded May 1th, 2019. JSTA is an organization that aggregates security token knowledge and promotes the sound development os the security token ecosystem. In May 27th, they signed a collaboration with Securitize, to improve the market for security tokens in Japan. They will work closely with financial institutions and regulators to uncover challenges and provide solutions for security token issuance and improve trading and liquidity. Since May 27th, more organizations have joined the JSTA. Among them are Investment Bank FGI (Provides knowledge and experience in real estate securitization in Japan), DTC (Member of the Deloitte group. Is providing system development), Kunie (A business consulting company of NTT DATA Group), Tokeny Solutions (Provides user-friendly and end-to-end solutions for security token issuers. At this point a total of 20 members have joined the JSTA. Tezos Japan is the only organization in the JSTA that represents a blockchain project so far.
Tezos is getting traction in the world of STO's. More and more issuing platforms and supporting organizations are implementing Tezos blockchain support and sign partnerships and collaborations. Just yesterday tZERO announced that they had finalized support for Tezos on the tZERO digital securities protocol, making it now possible for issuers to trade Tezos-based STO's on the tZERO platform.
“The Tezos Foundation has been remarkably strategic in its efforts to make Tezos become the blockchain for digital securities, and we are pleased to support them in our open-source protocol,” stated tZERO CEO Saum Noursalehi.
--
STO's are tokenized, traditional real-world assets. The purpose of creating STO's is to make traditional investing easier and to improve liquidity of certain private assets. STO's are a potential billion dollar market. If you want to learn more about Security Token Offerings and how STO's are used to transform traditional assets (including real estate investments) to digital assets, read my article on this topic.
"We believe it should be as easy as to invest as it is to buy a book on amazon." -Equisafe.
--
For the full introduction on Tezos, read this article.
