Tokai Tokyo receives securities token license as it partners with ADDX

Karthik Subramanian

Tokai Tokyo Financial Holdings, a financial services company, has announced a partnership with private market exchange ADDX to offer fractional private market investment products to investors in Japan, after Tokai Tokyo secured a securities token license from the Japanese regulator.

Tokai Tokyo is the holding company for a securities brokerage in Japan and offers investment and trading services to investors and traders all over Japan and has over $38 billion in assets under management. The company had received a securities token license from the regulator, a much sought after license but which is given out very rarely and using this license, both Tokai Tokyo and ADDX are looking to issue such tokens for real estate companies in Japan as well as banks. These deals will be tokenised on the ADDX platform before it is offered to various investors and clients of Tokai Tokyo who can choose to invest in these tokens.

Yuji Ban, Senior Managing Executive Officer, Tokai Tokyo Financial Holdings, said: “It took a long time to get to this point, but we now have a license for security tokens. Our future collaboration with ADDX will be key to establishing an innovative business model in Japan, where a digital security exchange like ADDX does not exist yet. We and many others in Japan eagerly anticipate working with ADDX to create investment opportunities for Japanese investors and new financing options for issuers. We look forward to working with ADDX on a variety of security token projects in the near future.”

ADDX expects that this partnership would be very fruitful and would be useful for it to expand its userbase as this is the first time that the regulator has allowed a company to tokenise non-liquid assets like real estates. All the approvals given so far were for liquid assets and this is likely to give the partnership a headstart as it would be the first company in Japan to push these tokens onto a secondary exchange. ADDX also has licenses from the Monetary Authority of Singapore for issuing and custody of digital securities and has already built a strong userbase among the investor community in Singapore and parts of Europe and the Americas as well. Tokai Tokyo had invested into ADDX in 2019 itself when it had begun its plans to obtain a securities token license.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading


DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.