Japan Security Token Association
Japan Security Token Association (JSTA) is a Tokyo-based non-profit general incorporated association founded in 2019 that aggregates industry knowledge on security tokens, runs seminars and advocacy, and serves as the central membership body for Japan's tokenized securities ecosystem.
- Company typePrivate
- Founded2019
- HeadquartersTokio, Japan
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Japan Security Token Association does
The Japan Security Token Association (JSTA, 一般社団法人日本セキュリティトークン協会) is a Tokyo-based non-profit general incorporated association founded in May 2019 to aggregate expertise on security tokens and promote the healthy development of Japan's tokenized asset ecosystem. The association serves as the central industry body for security tokens — blockchain-based digital instruments with securities characteristics — and operates as a membership-based knowledge and advocacy platform rather than a technology vendor. Its members span financial institutions, securities firms, law firms, technology and blockchain platform providers, real estate companies, accounting firms, and individual professionals, with current membership reported at 7 regular (正会員) corporate members, 50 supporting (賛助会員) corporate members, and over 600 individual members as of July 2026.
JSTA does not develop proprietary technology products. Its core "product" is the industry-association platform itself: research and study groups on ST technology, regulations, tax and accounting; seminars, webinars, and networking events; business idea contests; member-exclusive content distributed through a dedicated member portal; and policy advocacy with Japanese regulators including the Financial Services Agency. The association has been designated a cooperating organization for Japan Fintech Week in both 2025 and 2026. It maintains formal international partnerships with security token platform providers (Securitize Inc. of the US, Tokeny of Luxembourg, Archax Ltd. of the UK, Security Token Market LLC of the US) and is incubated under BlockchainHub, from whose startup support center it operates.
The association's revenue model is membership-fee based, sourced from regular corporate members, supporting corporate members, and individual members on a recurring annual basis. Membership fees are not publicly disclosed and prospective members are directed to inquire through the association. JSTA is governed by co-representative directors Go Masuda and Tomoyuki Namiki, a board of directors drawn from member companies (including BOOSTRY, Progmat, Securitize Japan, Osaka Digital Exchange, and TMI Comprehensive Law Office), an auditor, senior advisors including former senior executives of SMBC and IBM Japan, and academic and legal advisors. The organization is independently operated with no controlling parent, despite its incubation origin at BlockchainHub.
Japan Security Token Association firmographics
Firmographics- Name
- Japan Security Token Association
- Legal name
- 、一般法人日本セキュリティトークン協会
- Website
- https://securitytoken.or.jp
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Japan Security Token Association (JSTA) is a Tokyo-based non-profit general incorporated association founded in 2019 that aggregates industry knowledge on security tokens, runs seminars and advocacy, and serves as the central membership body for Japan's tokenized securities ecosystem.
- Ownership category
- akta.pro rank
Japan Security Token Association industry classification
Industry- Product category
- Industry Association Services
- NAICS
- Business Associations (813910)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB)
- akta.pro secondary industries
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)
Keywords
Where Japan Security Token Association is headquartered
LocationHeadquarters
- HQ city
- Tokio
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
Japan Security Token Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership fees: JSTA operates primarily through membership fees from regular corporate members (正会員), supporting corporate members (賛助会員), and individual members (個人会員). Annual membership fees support the association's activities including seminars, research, and industry advocacy.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Japan Security Token Association product offering
Product offeringCore offering
Japan Security Token Association (JSTA) is a non-profit industry association that aggregates expertise on security tokens and tokenized assets, hosts seminars, webinars, study groups, and business idea contests, facilitates networking, conducts research on technology, regulation, taxation, and accounting, and advocates for healthy ecosystem development. Members pay annual fees to access member-exclusive content, events, and a dedicated member portal covering topics such as STO legal frameworks, real estate securitization, tax/accounting, digital asset strategies, and RWA tokenization.
Product overview
The Japan Security Token Association (JSTA) is a non-profit industry organization (general incorporated association) that aggregates knowledge about security tokens and promotes the healthy development of the security token ecosystem. JSTA does not offer commercial software products or technology solutions; instead, it provides industry advocacy services including: research and study groups on security token technology, regulations, taxation and accounting; seminars and webinars for members and the public; business idea contests to foster innovation; networking events for ecosystem participants; and information dissemination through its website and member communications. The association also collaborates with international security token platforms and organizations to share global best practices.
Differentiator
Problem solved
Functional benefit
Products and services
- Regular Corporate Membership (正会員)
- Supporting Corporate Membership (賛助会員)
- Individual Membership (個人会員)
- Member-Exclusive Seminars and Webinars
- Member Portal Access (member.securitytoken.or.jp)
Quantifiable outcome
- JSTA has grown from initial 4 regular and 3 supporting members in 2019 to 7 regular members, 50 supporting members, and 600+ individual members as of July 2026, demonstrating consistent ecosystem growth.
Companies that use Japan Security Token Association
Customer profileSegments5 records
Ideal customer profiles5 records
Japan Security Token Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Japan Security Token Association partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered supporting, key, core and foundational.
- 、一般社団法人日本デジタル分散型金融協会 (JDFA)supportingJSTA became a group member of the 一般社団法人日本デジタル分散型金融協会 (Japan Digital Decentralized Finance Association) in December 2025. The two associations work together to deepen collaboration in the security token and digital asset space and contribute to the further development of the industry.
- Archax Ltd. (英国)keyJSTA entered into a partnership agreement with Archax Ltd., the first FCA-approved digital securities exchange and custodian in the UK, to address challenges related to security tokens using blockchain technology for activities in Japan. The partnership aims to expand and grow ST business in Japan and globally through sharing of case studies and discussions.
- Security Token Market, LLC (米国)keyJSTA signed a partnership agreement with Security Token Market, LLC, which operates a market information database (stomarket.com) tracking 25 globally issued security tokens. Through this partnership, JSTA receives market reports and analytical support from STM to provide Japanese community with international case studies and market intelligence.
- Tokeny (ルクセンブルク)coreJSTA signed a memorandum of understanding with Tokeny in October 2019 to promote the domestic security token ecosystem. Tokeny provides a platform for issuing, managing, and trading tokenized securities on public blockchains, serving European private markets since 2017. The partnership enables JSTA to leverage Tokeny's accumulated IT knowledge and solutions for Japanese market challenges.
- Securitize Inc. (米国)coreJSTA and Securitize signed a basic agreement in May 2019 to work together on resolving challenges related to security tokens using blockchain technology. Securitize provides its digital securities platform and Digital Securities Protocol, which enables issuance and management of security tokens on both public and permissioned blockchains. The partnership involves collaboration with Japanese financial institutions and regulators to address security token challenges and share IT knowledge.
- 株式会社ブロックチェーンハブfoundationalJSTA was founded under the startup incubation program of BlockchainHub and operates from their startup support center. BlockchainHub provides the foundational operational infrastructure and ecosystem support for JSTA's activities.
- 日本貿易振興機構 (JETRO) Japan Innovation Bridge (J-Bridge) プログラムsupportingJ-Bridge program operated by JETRO supports the international expansion of Japanese startups and innovation, serving as a bridge for global connections relevant to JSTA's mission of promoting Japan's security token ecosystem internationally.
- 株式会社CoinPostsupportingCoinPost is a media partner of JSTA, providing media coverage and content distribution for JSTA's activities and events in the blockchain and cryptocurrency news space.
- NADA NEWS / N.Avenue株式会社 (CoinDesk Japan)supportingN.Avenue operates CoinDesk Japan and is a media partner of JSTA, providing media coverage for JSTA's events and activities. CoinDesk Japan is the Japanese edition of the world's largest blockchain and cryptocurrency media.
- SBクリエイティブ株式会社 (FinTech Journal)supportingSBクリエイティブ operates FinTech Journal and serves as a media partner for JSTA, providing coverage of JSTA's activities and security token industry developments through their publication.
- 株式会社幻冬舎 (あたらしい経済)supportingGentosha operates the 'Atarashii Keizai' (New Economy) publication and is a media partner of JSTA, providing coverage of security token industry developments.
- 日本STO協会keyJSTA and the 一般社団法人日本STO協会 (Japan STO Association) have strengthened their partnership, with the Japan STO Association serving as a partner to JSTA and JSTA serving as a sponsor member (equivalent to partner) to the Japan STO Association, cooperating on policy initiatives for the further development of Japan's security token business.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Japan Security Token Association competitors and assessment
Company assessmentDirect peers
- Japan STO Association (一般社団法人日本STO協会): Japan's other principal industry association focused specifically on security token offerings (STOs), established in parallel to JSTA. It is the closest direct peer because both organizations share the same domestic focus on security tokens, overlapping member constituencies (financial institutions, law firms, issuers), and complementary mandates around STO policy advocacy in Japan.
- Fintech Association of Japan (日本FinTech協会): Japan's leading cross-vertical fintech industry association covering payments, lending, blockchain, and digital assets. It is a direct peer because it operates the same membership association business model (corporate + individual members, seminars, working groups, regulator engagement) and serves overlapping Japanese fintech ecosystem participants, including several JSTA members.
- Japan Cryptoasset Business Association (JCBA / 日本暗号資産取引業協会): Japan's self-regulatory organization for cryptoasset exchange and broker-dealer firms, covering digital asset trading, custody, and intermediaries. It is a direct peer because both are Japanese non-profit industry bodies that aggregate digital asset market participants, conduct policy advocacy with the FSA, and operate member-based governance models focused on digital asset regulation.
Broad incumbents
- Chamber of Digital Commerce: The largest US-based blockchain and digital asset trade association, advocating for tokenization, digital asset markets, and blockchain policy across federal and state levels. It is a broad incumbent peer because it operates an analogous industry association model — membership, advocacy, education, regulator engagement — but at greater scale and broader digital asset scope than JSTA.
- Blockchain Association: A US-based blockchain industry association representing major crypto companies on policy and regulatory matters. It is a broad incumbent peer because it shares JSTA's industry-association DNA (member-funded, policy advocacy, ecosystem education) but operates across a broader blockchain scope and US-centric regulatory engagement.
- Crypto Council for Innovation: A global advocacy organization for the crypto and digital asset industry, engaging with policymakers across jurisdictions. It is a broad incumbent peer because it pursues a similar industry-development mission (education, policy advocacy, ecosystem building) for digital assets at international scale, complementing JSTA's Japan-focused advocacy work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Japan Security Token Association social profiles
Digital presenceJapan Security Token Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Japan Security Token Association leadership team
Management profileNumber of profiles
Profiles13 records
Japan Security Token Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Japan Security Token Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Japan Security Token Association
What does Japan Security Token Association do?
Japan Security Token Association (JSTA) is a non-profit industry association that aggregates expertise on security tokens and tokenized assets, hosts seminars, webinars, study groups, and business idea contests, facilitates networking, conducts research on technology, regulation, taxation, and accounting, and advocates for healthy ecosystem development. Members pay annual fees to access member-exclusive content, events, and a dedicated member portal covering topics such as STO legal frameworks, real estate securitization, tax/accounting, digital asset strategies, and RWA tokenization.
Is Japan Security Token Association a public or private company?
Japan Security Token Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Japan Security Token Association founded?
Japan Security Token Association was founded in 2019. It employs 1 to 10 people.
Where is Japan Security Token Association based?
Japan Security Token Association is headquartered in Tokio, Japan, in the Asia region.
How does Japan Security Token Association make money?
One revenue line is on record: membership fees.
Who are Japan Security Token Association's main competitors?
Direct peers on record are Japan STO Association (一般社団法人日本STO協会), Fintech Association of Japan (日本FinTech協会) and Japan Cryptoasset Business Association (JCBA / 日本暗号資産取引業協会). Broad incumbents are Chamber of Digital Commerce, Blockchain Association and Crypto Council for Innovation.
Does Japan Security Token Association have an API?
No public API is recorded for Japan Security Token Association.
What industry is Japan Security Token Association in?
Japan Security Token Association's product category is Industry Association Services. Its primary akta.pro industry code is FSAPAIAB, Consortium Networks & Governance (network setup, onboarding, rules, node operations), with a secondary code of FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity). Its NAICS code is 813910 and its SIC code is 8600.