Security-token management firm Securitize is teaming up with a Japanese educational advocacy organisation to promote the adoption of digital securities in the country, they shared with The Block on Tuesday.
Securitize and Japan Security Token Association (JSTA) are planning on collaborating closely with local and international business regulators.
“Our partnership with the Japan Security Token Association illustrates our dedication to the Japanese market and our belief that Japan will continue to be one of the leading traditional financial centers but also in the development and adoption of digital securities as the future of all securities,” said Securitize Co-Founder & CEO Securitize Carlos Domingo.
The collaboration with the JSTA follows Securitize's existing projects in Asia. The company is working with Elevated Returns on tokenizing more than $1 billion worth of real estate in Thailand. Securitize ensures their Tezos-based security tokens are compliant with local securities laws and regulations.