Tokyo Looks to Rev Up IPO Market by Luring Startups Across Asia

Tokyo Stock Exchange Inc. is looking to strengthen its market for initial public offerings by pitching itself as a venue for cross-border listings by startups in Asia.

The exchange is offering help in fundraising and IPO preparations with partners including banks, auditors and venture capital funds in Asia. So far, 20 startups have been chosen for the initiative, its website shows, with half of them based in Singapore and Taiwan.