The Tokyo Stock Exchange is positioning itself as a cross-border listing hub for Asian startups' initial public offerings, providing assistance in fundraising and preparations through partners like banks, auditors, and venture capital funds across the region. So far, 20 startups have been selected for the program, with half based in Singapore and Taiwan.
The Tokyo Stock Exchange (TSE) is seeking to bolster its initial public offerings market by promoting itself as an attractive venue for cross-border listings from Asian startups. It is extending support for fundraising and IPO preparations in collaboration with partners such as banks, auditors, and Asia-based venture capital funds.
According to the exchange's website, 20 startups have been selected for this initiative, with half originating from Singapore and Taiwan. The IPO landscape in Asia has been thriving, as India shattered records last year and Hong Kong achieved multi-year highs in proceeds.
Tokyo aims to capture a portion of this regional momentum, leveraging its substantial liquidity pools. This makes it appealing for companies that are too small for the U.S. market and wary of geopolitical uncertainties in Hong Kong. The effort underscores TSE's strategy to draw in emerging Asian firms amid growing regional opportunities.
