2025
Additional Investment in Digital Securities Co., Ltd.
Jun. 20, 2025
Marubeni Corporation
The Joyo Bank, Ltd.
Orient Corporation
The Sankei Building Co., Ltd.
The Bank of Nagoya, Ltd.
Marubeni Corporation (hereinafter, “Marubeni”); J-Raise Investment Limited Partnership funded by The Joyo Bank, Ltd.; Orient Corporation; Sankei Building Co., Ltd.; and Meigin Regional Revitalization No. 1 Investment Limited Partnership funded by The Bank of Nagoya, Ltd. (hereinafter, “the five companies”) have completed an investment (hereinafter, “the investment”) in Digital Securities Co., Ltd. (hereinafter, “DS”), which conducts real estate STO (Security Token Offering) business. The investment is the second made by Marubeni and J-Raise Investment Limited Partnership, following their initial investment in October 2022.*1
Additionally, DS completed its registration as a financial instruments business operator on May 29th, 2025*2 and will launch securities services and asset management services.
Background and Significance
STO is a method of establishing funds by issuing “security tokens” (digital securities) that are issued electronically using distributed ledger technology represented by blockchain technology. Real estate STOs are digital securities whose underlying assets are real estate or rights related to real estate and are attracting attention as a next-generation financial product that differs from conventional real estate securitization products. Assets such as real estate have traditionally been accessible only to institutional investors due to high minimum investment amounts and limited liquidity. However, STO enables these assets to be divided into smaller units, improve liquidity, and make them accessible to individual investors.
Overview of DS’s Services
DS and OwnerShip Co., Ltd. (hereinafter, “OS”), which is responsible for system development, have been involved in establishing STO funds for qualified institutional investors*3 such as banks and insurance companies. The total amount of digital securities issued on the STO platform “OwnerShip,” developed and operated by OS, has expanded to approximately 23.5 billion yen as of the end of December 2024.*4 DS, as a financial instruments business operator, provides comprehensive services from the establishment and sales of STO funds to secondary trading between investors through “OwnerShip.”
Image of DS’s Services*5
Future Outlook
Through the investment, the five companies will contribute to the growth of DS’s business and the development of the STO market. They will also support the initiatives of DS in the STO market, which is expected to serve as a new investment vehicle for individuals, to promote the “shift from savings to investment.”
*1 Digital Securities Co., Ltd. changed its name from “Digital Securities Preparation Corporation” due to completion of its registration as a financial instruments business operator.
*2 DS completed its registration for Type-I Financial Instruments Business, Type-II Financial Instruments Business, and Investment Management Business.
https://digitalsecurities.jp/wp-content/uploads/20250602.pdf (Only available in Japanese)
*3 Refers to entities defined by the Financial Instruments and Exchange Act as persons specified by a Cabinet Office Order as having expert knowledge of and experience with investment in securities
*4 “Security Token Statistics (2024)” prepared by the Japan Security Token Offering Association (pp.18-19)
https://jstoa.or.jp/files/news/2dd2fb5b4733924377e0e52a0b74351daed2c3f34455ca463d61d4d0392823a1
*5 The term “renga” in the figure above refers to the name of the asset management service that DS handles comprehensively from STO fund establishment to sales.
Company Overview
| Company Name: | Digital Securities Co., Ltd. |
| Establishment: | November 12, 2020 |
| Representative: | Kohei Yamamoto |
| Head Office: | 4-15-1, Akasaka, Minato-ku, Tokyo 107-0052, Japan |
| Website: | https://digitalsecurities.jp |
| Company Name: | Marubeni Corporation |
| Establishment: | December 1, 1949 |
| Representative: | Masayuki Omoto |
| Head Office: | 4-2, Ohtemachi 1-chome, Chiyoda-ku, Tokyo 100-8088, Japan |
| Website: | https://www.marubeni.com/en/ |
| Company Name: | The Joyo Bank, Ltd. |
| Establishment: | July 30, 1935 |
| Representative: | Tetsuya Akino |
| Head Office: | 5-5, Minami-machi 2-chome, Mito, Ibaraki 310-0021, Japan |
| Website: | https://www.joyobank.co.jp/eng/ |
| Company Name: | Orient Corporation |
| Establishment: | March 15, 1951 |
| Representative: | Makoto Umemiya |
| Head Office: | 2-1, Kojimachi 5-chome, Chiyoda-ku, Tokyo 102-8503, Japan |
| Website: | https://www.orico.co.jp/en/company/ |
| Company Name: | THE SANKEI BUILDING CO., LTD. |
| Establishment: | June 11, 1951 |
| Representative: | Kazunobu Iijima |
| Head Office: | 1-7-2 Ohtemachi, Chiyoda-ku, Tokyo 100-0004, Japan |
| Website: | https://www.sankeibldg.co.jp/e/ |
| Company Name: | The Bank of Nagoya, Ltd. |
| Establishment: | February 24, 1949 |
| Representative: | Ichiro Fujiwara |
| Head Office: | 19-17 Nishiki 3-chome, Naka-ku, Nagoya City, Aichi 460-0003 Japan |
| Website: | https://www.meigin.com/en/ |
Related News Releases:
- Oct. 28, 2022
Investing in Digital Securities Preparatory Co., Ltd
https://www.marubeni.com/en/news/2022/release/00081.html - Dec. 19, 2022
Establishment of a Real Estate STO Fund for Tokenization of Silent Partnership Equity Interests
https://www.marubeni.com/en/news/2022/release/00093.html - Aug. 1, 2023
Approval Obtained for a Plan for New Business Activities by Digital Securities Preparatory Co., Ltd.’s Subsidiary
https://www.marubeni.com/en/news/2023/release/00080.html