NTT Data partners with Securitize Japan to unveil a digital securities platform
In an exciting development for the Japanese financial industry, Progmat, Japan's largest digital securities platform, and Securitize, a global leader in security token services, have joined forces to create a revolutionary platform. This collaboration aims to revolutionise the bond market by enabling similar perks for bondholders, provided investors are willing to share their information.
The partnership sees NTT Data, Japan's second largest shareholder in Progmat (with a 11.7% stake), and MUFG, the founder and largest shareholder of Progmat (with a 42% stake), working together. NTT Data also owns Japan Information Processing (JIP), the operator of Japan's largest bond issuance and payment agent solution.
The new platform will enable bond issuers to have a more direct marketing relationship with their investors, a significant departure from the traditional method where most bonds are sold via securities firms. This direct approach is expected to benefit regional financial institutions that support bond issuance for companies revitalising local economies.
Securitize, known for issuing BlackRock's BUIDL money market fund in the United States, has acquired BUIDL, a Japanese web3 development company. The digital securities platform launched by Securize and NTT Data will utilise Securitize's infrastructure. The companies have collaborated for 4.5 years on security token services.
The next steps for the collaboration include the issuance of digital bonds and the tokenization of other financial assets. This aligns with a government program to shift from savings to investments.
It's worth noting that, as of August 2025, there is no publicly available recent information specifically detailing the current status or future plans of this collaboration, including tokenization of other financial assets. For the latest updates, it may be useful to check directly from official press releases on Securitize's or NTT Data's websites, recent financial news, or industry specialized blockchain and digital securities news outlets.
This collaboration is expected to bring about a significant change in the Japanese financial sector, potentially replicating the fan-like relationship Japanese stockholders currently enjoy with the companies they invest in, where they receive various perks. The future of this partnership promises to be an exciting watch for the financial industry.
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- The collaboration between Progmat, Securitize, and NTT Data will utilize Securitize's technology for the tokenization of other financial assets, an essential part of the government's program to shift from savings to investments in finance.
- The government's backing of this partnership is hoped to bring about a revolutionary change similar to the fan-like relationship Japanese stockholders currently enjoy with the companies they invest in, offering bondholders increased perks through the capitalization of technology in the bond market.
- With the acquisition of BUIDL, a Japanese web3 development company, Securitize will provide the digital securities platform launched with NTT Data with advanced infrastructure, enabling the issuance of digital bonds and potentially capitalizing other financial assets through tokenization.
