Tokyo Stock Exchange Aims to Boost IPO Market by Attracting Asian Startups

• Tokyo Stock Exchange Inc. (TSE) is actively pitching itself as a cross-border listing venue for Asian startups to strengthen its IPO market.
• The TSE offers support for fundraising and IPO preparations, collaborating with banks, auditors, and venture capital funds across Asia.
• Twenty startups have been selected for the initiative, with half originating from Singapore and Taiwan, indicating a focus on key Asian markets.
• Tokyo seeks to capitalize on its deep liquidity pools, targeting companies too small for the US market and wary of Hong Kong's geopolitical risks.
• Companies like Tonik Financial Pte. (Philippines) and KKday (Taiwan) are exploring Tokyo IPOs, citing access to liquidity, investor base, and enhanced trust with Japanese partners.

Why It Matters: Tokyo Stock Exchange is aggressively pursuing Asian startups for cross-border IPOs to enhance its market liquidity and global presence.