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SPARX, Nomura Securities, LINE Securities, BOOSTRY Partner to Issue the First Publicly Offered Digital Retail Bonds in Japan

Source: Chloe

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​SPARX Group Co., Ltd. (“SPARX”), in cooperation with LINE Securities Corporation (“LINE Securities”), BOOSTRY Co., Ltd. (“BOOSTRY”), and Nomura Securities Co., Ltd. (“Nomura Securities”), announces that it will issue digital retail bonds as a public offering (the “Digital Bonds”). This first offering under a framework from Japanese corporations will be available on BOOSTRY’s platform.

SPARX is committed to introducing to Japanese retail investors genuine investment opportunities developed through its relationships with the world’s most prestigious institutional investors. The firm encourages retail investors, especially the younger generation, to start medium- to long-term asset-building while time is on their side. To this end, SPARX planned to issue these Digital Bonds to inspire retail investors to start investing in corporate bonds and other relatively low-risk financial instruments, sparking future interest in investments.

This project should also create an environment in which retail investors can access various financial products and expand more in the future. SPARX intends to develop the market by issuing these Digital Bonds.

LINE Securities’ clients consist mainly of young adults. It hopes to further expand its client base by offering investment opportunities with digital bonds, allowing investments to be completed through the LINE platform and in smaller amounts than retail corporate bonds.

By offering security tokens leveraging digital, Nomura Securities intends to expand its investor base in collaboration with its group companies and business partners, including LINE Securities and BOOSTRY.

These are the first publicly offered digital retail bonds from Japanese corporations. Under this framework, Nomura Securities will underwrite the Digital Bonds while LINE Securities will distribute them. Using BOOSTRY’s advanced technologies and Nomura Securities’ expertise in financial technology, the framework will promote advanced financial products in smaller investment units optimized for LINE Securities’ clients. Moreover, unlike conventional corporate bonds, the Digital Bonds can reach investors through LINE Securities. 

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