According to Deep Tide TechFlow, Mizuho Securities has partnered with Blue Sky Solar to launch the first private securities token offering (STO) for solar business.
The tokenization involves 8 solar power generation facilities with a total output of 9.5 megawatts, capable of providing electricity to approximately 9,000 households.
This issuance uses BOOSTRY's iBet for Fin platform, which is Japan's second-largest digital securities blockchain network.
Mizuho Securities claims this is Japan's first tokenized private placement fund for infrastructure, and the tokens can only be transferred at the request and with the approval of the holder.