Tokyo bourse chief says SPACs possible in Japan but with safeguards

Tokyo bourse chief says SPACs possible in Japan but with safeguards

A city view in Tokyo, Japan. Photo by Ryo Yoshitake on Unsplash.

Japan could open up to blank-cheque listings but with its own safeguards for investors, the head of the Tokyo bourse said, as the government scrambles to grow startup firms as a way to revitalise the world’s third-largest economy.