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Nomura Finalizes Agreement Related to BOOSTRY Security Token Business
December 3, 2020
Nomura Holdings, Inc.
Tokyo, December 3, 2020 - Nomura Holdings, Inc. announced on July 22, 20201 that it had signed a memorandum of understanding with Nomura Research Institute, Ltd. (NRI) and SBI Holdings, Inc. (SBI) to transfer a portion of the shares it owns in BOOSTRY Co., Ltd to SBI, and form an alliance regarding BOOSTRY's operation and business. The three companies have signed the final agreement.
The impact of the alliance on Nomura's consolidated financial results is expected to be minimal.
Overview of BOOSTRY
| Name | BOOSTRY Co., Ltd. |
|---|---|
| Address | 3-9-2 Iwamoto-cho, Chiyoda-ku, Tokyo |
| Representative | President Toshinori Sasaki |
| Business | Develop platform for exchanging securities and other rights using blockchain technology; provision of consulting and IT services |
| Capital | 1,175 million yen (including capital reserves) |
| Established | September 2, 2019 |
| Shareholding Ratio | Nomura 56%, NRI 34%, SBI 10% |
Nomura
Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
