Yoshihisa Kitao, president of Japan SBI Holdings, said in an interview that the No. 1 security token issuance (STO) is expected to debut from June to July. Kitao Kitao said that in order to popularize the STO, which is highly anticipated as a new means of financing, it will cooperate with a number of securities companies to establish a private exchange of securities tokens. With the approval of the Financial Services Agency, the goal is to start trading in 2020. Kitao also said in the interview: "For investors, this is a very convenient investment target, and the economy will be alive."