Nomura Holdings, Inc., Nomura Asset Management Co., Ltd., The Nomura Trust and Banking Co., Ltd., and BOOSTRY Co., Ltd. (“BOOSTRY”) announced the completion of issuance procedures for the “Nomura Private Series B Dash Fund 5 Tokenized VC Fund 202510 (Professional Investors Only) (Transfer-Restricted)” (the “Fund”), a private placement security token1 totaling approximately 8 billion yen.
The Fund is Japan’s first security token to invest in venture capital (VC) funds and the first to use the J-Ships2 Framework for professional investors (“Tokutei Toushika”) 3 .
Recordkeeping and transfers of investor’s beneficial interests will be conducted on the consortium blockchain platform “ibet for Fin,” developed and led by BOOSTRY.
VC investments using limited liability partnerships usually involve complex contracts and administrative processes that create barriers for investors. Tokenized beneficial interests simplify these procedures, making it easier for professional investors, including eligible individuals, to access new VC fund opportunities.
VC investment provides capital to domestic growth companies and helps drive innovation. By issuing private placement security tokens for VC investments structured as limited liability partnerships, Nomura aims to enhance the efficiency and transparency of managing beneficial interests and their trading.
Tokenization enables electronic registration of holdings and automated transfer of rights, substantially reducing previously burdensome administrative processes. The scheme complies with relevant laws and regulations under the Financial Instruments and Exchange Act and adheres to internal control standards, ensuring secure and reliable operations.
As part of its strategy to expand business in the private markets to complement its public market businesses, Nomura has broadened clients’ access to private assets across products and services. The Fund is part of these initiatives. Nomura Group will continue to provide clients with a wide range of opportunities to invest in private assets.
Source: Nomura
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/
4
Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:
SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:
COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.
Related articles
-
The ETF platform was introduced in 2023 with six strategies.
-
The statement is an interim step while the SEC continues to consider the issues.
-
Expanding membership is an OCC priority for capital efficiency, risk reduction and operational simplicity.
-
The technology harnesses data to provide faster, more customizable insights and distribution.
-
The fund will focus on the small and mid-market.