Japan Daiwa Securities Group will participate in the creation of a 1.3 billion scale fund to invest in emerging technology companies such as blockchain

According to the Nikkei News, Daiwa Securities Group, Japan's second-largest securities brokerage company, will join forces with companies engaged in electronic settlement systems to create a venture capital fund of RMB 1.3 billion. The investment targets are enterprises in emerging technology fields such as blockchain, artificial intelligence (AI), and information security.