Toyota Finance began accepting applications from retail investors to purchase tokenized corporate bonds through TOYOTA Wallet without opening a brokerage account.
Toyota Financial Services, Toyota Group’s financial subsidiary, announced the issuance of publicly offered tokenized bonds called the Toyota Finance 2nd Security Token Bond, marketed as the TOYOTA Wallet Tsumugu Bond. Investors can apply without opening a brokerage account by installing the TOYOTA Wallet mobile payment app and accessing a dedicated application page.
Applications opened on August 18, 2026. Toyota Finance is the bond issuer. The minimum investment is 100,000 yen (~$630), and the bonds have a 1-year maturity. Applications are submitted through TOYOTA Wallet. SMBC Group serves as the project’s financial partner.The technology partner is BOOSTRY, which develops ibet for Fin, a consortium blockchain platform designed to manage and facilitate the circulation of security tokens, and provides financial institutions and corporate clients with IT infrastructure for tokenized securities transactions.
The offering marked Toyota Group’s first direct placement of tokenized corporate bonds with investors without sales through brokerage firms. In March 2025, Toyota Group issued its first tokenized bonds, with Japanese brokerage and investment firm Daiwa Securities serving as the underwriter. Under the new initiative, Toyota Finance will handle investor interactions throughout the process, including applications, communications during the holding period, and the distribution of related benefits.
Tokenized bondholders will be eligible for additional benefits from Toyota. The program includes:
- credits to their TOYOTA Wallet QUICPay balance subject to specified conditions;
- tickets to events at Fuji Speedway, awarded through drawings among investors;
- entry into drawings for test drives of Lexus, GR, and classic Toyota vehicles;
- additional TOYOTA Wallet credits when purchasing Toyota and Lexus vehicles, subject to the program’s terms.
The company will provide detailed terms for the benefits after the bond issuance through TOYOTA Wallet notifications and email.
In 2025, Toyota Blockchain Lab, Toyota Group’s research unit, unveiled the Mobility Orchestration Network, a blockchain platform designed to address data fragmentation in the transportation industry.
