UTokyo Innovation Platform has scored an exit as the online investment platform developer went public on the Tokyo Stock Exchange.

WealthNavi, a Japan-based robo-adviser developer that counts University of Tokyo (UTokyo) Innovation Platform as an investor, floated in Japan yesterday in a ¥17.9bn ($173m) initial public offering, Bloomberg reported. The company’s shares were priced at ¥1,150 each and that price increased 68% on its first day of trading on the Tokyo Stock Exchange valuing it…

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