HashPort Inc. (Headquarters: Minato-ku, Tokyo; CEO: Seihaku Yoshida; hereinafter "HashPort") is pleased to announce that it has begun examining a business partnership with BOOSTRY Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Kazuma Hirai; hereinafter "BOOSTRY"), centered on the integration of unhosted wallets and security tokens.

Partnership Overview

This partnership aims to create new user experiences for the issuance of preferential tokens for security tokens by combining HashPort's strengths in unhosted wallets with BOOSTRY's expertise in domestic security tokens. Specifically, the goal is to issue utility tokens (preferential tokens) for benefits such as those for security token purchasers separately on the public chain, enabling them to be managed and utilized within unhosted wallets. By issuing preferential tokens on the public chain and operating them through unhosted wallets, it becomes possible to reduce the operational costs for issuers and enhance user convenience. The fusion of both companies' expertise aims to provide a highly convenient security token experience for both issuers and investors.

Furthermore, in the medium term, taking into account current market trends and the regulatory environment, discussions will continue towards realizing stablecoin payments, dividends, and the management of security token balances and transactions utilizing unhosted wallets in security token trading.

Background of this Examination

The market capitalization of the current RWA market (excluding stablecoins) is approaching approximately 30 billion US dollars (about 4.8 trillion yen), and the security token market is rapidly growing in Japan. In the future, the security token domain is expected to consider connections with the global blockchain ecosystem. We have now agreed to combine and link HashPort's knowledge regarding unhosted wallets with BOOSTRY's expertise in the issuance and management of security tokens.

Regarding the issuance of preferential tokens for security tokens in unhosted wallets, we will apply the track record of BOOSTRY, which has provided preferential tokens (e.g., hotel accommodation benefits) to purchasers of security tokens through its custodial wallet app "ibet Wallet," to the unhosted wallet domain. HashPort has a track record in the unhosted wallet domain, which serves as a receiving platform for preferential tokens. Additionally, HashPort has accumulated knowledge regarding the issuance and utilization of tokens in non-financial fields, such as tickets and royalties, through its provision of the "EXPO2025 Digital Wallet" for the Osaka-Kansai Expo. In the stock market, shareholder benefits are an important indicator for many individual investors when choosing investments, and the importance of preferential tokens is also increasing in the security token market. The collaboration between the two companies will realize a new security token experience.

About HashPort

HashPort operates as a solution provider supporting the social implementation of blockchain, with the mission "Bringing unseen value into daily life." The company provides blockchain product development services, including blockchain wallets, to many domestic financial institutions, businesses, and public organizations.

CEO: Seihaku Yoshida

Headquarters: Daiwa Azabu Terrace 5F, 3-20-1 Minamiazabu, Minato-ku, Tokyo 106-0047

Established: July 13, 2018

URL: https://hashport.io/

BOOSTRY Company Overview

CEO: Kazuma Hirai

Headquarters: PMO Iwamotocho 4F, 3-9-2 Iwamotocho, Chiyoda-ku, Tokyo 101-0032

Established: September 2, 2019

URL: https://boostry.co.jp/

Inquiries

For inquiries regarding this release, please contact the following:

BOOSTRY Inc. Contact

E-mail: [email protected]

HashPort Inc. PR Contact

E-mail: [email protected]

FACT BOX

  • Source: PR TIMES
  • Category: Partnership
  • Organizations: HashPort / BOOSTRY
  • Products / services: Unhosted Wallets / Security Tokens