NTT DATA Concludes Capital Tie-up with Securitize

Alliance to Promote the Digital Securities Business

June 25, 2021
NTT DATA Corporation

TOKYO – June 25, 2021NTT DATA, a global digital business and IT services leader, concluded a capital alliance with the U.S. firm Securitize Inc. on June 16, 2021. Securitize provides a global distribution and issuing platform for "security tokens," digital securities and rights based on blockchain technology. Through this capital alliance, NTT DATA is seeking strengthen its relationship with Securitize, and promote the digital securities business in Japan and around the world.

Background and Objective

Security token offerings (STOs), which raise capital by issuing security tokens1, are expected to become an alternative means of financing in existing capital markets in the near future. STOs have spread rapidly in the U.S., while in Japan revisions to the Financial Instruments and Exchange Act implemented in May 2020 clarified the trading of tokenized securities. Japan's finance industry is currently stepping up efforts to issue STOs in accordance with this law.

NTT DATA has been conducting research into security tokens and other aspects of blockchain technology, and exploring use cases. The capital alliance with Securitize, a global operator in this field, was made to further promote the security token business in Japan and around the world.

Expanding the STO Business through the Capital Alliance

NTT DATA, by strengthening its relationship with Securitize through this capital alliance, aims to expand the STO business. The partnership will combine NTT DATA Group's securities packages and other assets, commercial blockchain infrastructure, and capabilities in building systems for large financial institutions, with Securitize's solution assets and expertise in security tokens.

Securitize provides a global security token platform, and is working to modernize capital markets. The Securitize platform boasts an industry-leading usage record, gaining more than 150 client companies and over 300,000 registered investors since its founding in 2017.

In December 2020, NTT DATA and Securitize began conducting joint research aimed at building a security token platform for the Japanese market. In March 2021, the two companies began jointly offering BlockTrace® for Security Token as one of the solutions for BlockTrace®, NTT DATA's blockchain solution brand. This alliance will build on the results of that research to provide a full-fledged STO business to markets in Japan and around the world.

Notes

  • 1Security tokens are digitized securities / rights distributed over blockchain. They have attracted attention for their potential to securitize assets that could not be securitized up to now, and as a new method of financing.
  • *All names of products, companies, and organizations are trademarks or registered trademarks of those companies.

About NTT DATA

NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, digital & IT modernization and managed services. NTT DATA enables them, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries around the globe. Visit us at nttdata.com.

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