Mizuho Securities and BlueSky Solar Partner to Conduct Japan’s First Infrastructure Tokenized Private Placement

According to TechFlow, Mizuho Securities has partnered with BlueSky Solar to launch the first private security token offering (STO) in the solar energy business.

The tokenization involves eight solar power generation facilities with a total output of 9.5 megawatts, which can provide electricity for approximately 9,000 households.

The issuance uses BOOSTRY’s iBet for Fin platform, Japan’s second-largest digital securities blockchain network.

Mizuho Securities said this is Japan's first tokenized infrastructure private placement fund, and the tokens can only be transferred after the holder requests and is approved.