SBI Holdings Launches Trading of Retail Security Token Bonds on ODX START

SBI Holdings ( (JP:8473) ) has issued an announcement.

SBI Holdings has completed the issuance of its first security token corporate bonds for individual investors, branded as SBI START Bonds, with a total issue size of JPY 10 billion and an annual interest rate of 2.15%. The three-year unsecured bonds, digitally registered on the ibet for Fin blockchain infrastructure and rated A- by R&I, are structured in JPY 10,000 denominations to appeal to retail investors and are administered by Mizuho Bank with SBI SECURITIES as lead manager.

Trading in the SBI START Bonds has begun on Osaka Digital Exchange’s proprietary trading system START, which uses a twice-daily call auction to match cash trades with T+2 settlement. By bringing tokenized corporate bonds to a regulated digital venue for individual investors, SBI is deepening its footprint in digital securities markets and demonstrating how blockchain-based infrastructure can be integrated into mainstream bond issuance and secondary trading in Japan.

The most recent analyst rating on (JP:8473) stock is a Buy with a Yen3351.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.

More about SBI Holdings

SBI Holdings, Inc., listed in Tokyo under ticker 8473, is a Japan-based financial services group with businesses spanning securities, banking and related digital finance. The company leverages blockchain and other fintech infrastructure to develop new capital market products, with a focus on individual investors and the digitization of traditional securities.

Average Trading Volume: 4,652,837

Technical Sentiment Signal: Buy

Current Market Cap: Yen1938.4B

For an in-depth examination of 8473 stock, go to TipRanks’ Overview page.