Nomura tokenizes ¥8B venture capital fund

Japanese financial group Nomura Holdings, Inc. has tokenized an 8 billion yen (approximately $54 million) venture capital fund. The fund, which targets professional investors, utilizes J-Ships, Japan's regulatory framework for issuing and distributing security tokens. Investor beneficiary certificates will be recorded and transferred on the ibet for Fin consortium blockchain platform, which was developed by BOOSTRY, a blockchain infrastructure developer under Nomura Securities.