Japan
NADA News
Norinchukin Group Makes First Foray Into Digital Securities, Partners on Real Estate Security Tokens
- The Norinchukin Bank, together with five other companies, announced on November 5 its first move into the digital securities (security token) business.
- The consortium includes Norinchukin Trust & Banking (a wholly owned Norinchukin Bank subsidiary), Kenedix (KDX), KDX ST Partners (KST), SBI Securities, and Progmat.
- The partners plan to structure security tokens (ST) backed by real estate as part of this initiative.