HashPort Taps Tokensoft to Expand into Japanese STO Market

HashPort, a Japanese Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term application company, has announced on Friday its strategic partnership with Tokensoft to expand into the security token market in Japan.

The US-based company provides services to issuers of private or public offerings seeking to issue and manage securities on the blockchain, and provide secondary Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term options to the investors.

The partnership will bring security token infrastructure in the Japanese market that services enterprises, asset managers, and financial institutions.

Commenting on the partnership, HashPort founder Seihaku Yoshida said: “In the Japanese security token market, which is expected to grow rapidly in the future, The Tokensoft-HashPort Alliance will provide highly secure security token solutions optimized to Japanese laws and regulations with world-class experiences and reliability. We will make every effort to develop security token market blooming in Japan with our Partnership.”

STO - the new trend in blockchain?

Tokensoft is becoming a major player in the security token market. Earlier this year, the company joined Blockchain Association, the first US-based cryptocurrency lobbying group.

The platform also partnered with companies like SEBA to facilitate tokenization services to their clients. As mentioned in the announcement, Tokensoft processed investors in over 50 countries and Tokensoft customers have raised or managed over $1 billion.

Last year, many Japanese giants also formed a self-regulatory body to oversee the growing STO market.

“The Japanese market continues to hold a high bar with respect to regulatory compliance and cybersecurity,” Mason Borda, chief executive officer at Tokensoft, added. “Our technology has brought to market the first cold storage, multi-signature solution for the administration of security tokens and continues to serve the highest value assets in the security token market. This strategic partnership brings our commitment to cybersecurity and regulatory compliance in security tokens to the Japanese market.”