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<p class="is-style-lead">According to a Nov. 20 notice from Japan’s Osaka Digital Exchange, ODX is set to initiate the trading of digital securities in the country through the issuance of security tokens on Dec. 25.</p> 
<p>These tokens will be issued by Ichigo, a Tokyo-based real estate investment company, and Kenedix, selling about $20.1 million in securities, according to a coinciding Bloomberg report.</p> 
<h2 class="wp-block-heading" id="dedicated-to-ongoing-efforts">Dedicated to ongoing efforts</h2> 
<p>The <a href="https://www.odx.co.jp/en/news/article/dd45st6kma/" target="_blank" rel="noopener">introduction of the trading of security tokens</a> on the exchange is said to be geared towards streamlining the investment process for individual investors, however, the modest size of Ichigo’s sale, according to <a href="https://www.bloomberg.com/news/articles/2023-11-20/japan-s-first-digital-securities-trading-to-begin-on-dec-25#xj4y7vzkg" target="_blank" rel="noopener">Bloomberg</a>, implies that market participants are currently assessing the level of demand for these securities.</p> 
<p>Details regarding the specific issues to be facilitated on START will be disclosed on the company’s website as they are approved following a thorough examination.</p> 
<p> You might also like: <a href="https://crypto.news/binance-japan-to-list-13-additional-tokens/"> Binance Japan to list 13 additional tokens </a> </p> 
<h2 class="wp-block-heading" id="facilitating-the-turnover">Facilitating the turnover&nbsp;</h2> 
<p>At the same time,&nbsp;<a href="https://crypto.news/japans-first-bank-supported-digital-currency-coming-in-2024/" target="_blank" rel="noreferrer noopener">reports</a>&nbsp;from October suggest Japan is gearing up to introduce a bank-supported digital currency in 2024. GMO Aozora Net Bank, a Japanese internet bank, is reportedly set to launch the yen-pegged digital currency, denoted as DCJPY.&nbsp;</p> 
<p>This digital currency will be backed by bank deposits and utilize a blockchain network developed by DeCurret, a Japan-licensed cryptocurrency exchange that became part of Amber Group’s portfolio in early 2021.</p> 
<p>The latest announcement then becomes another major development towards digital asset adoption in Japan, joining several others over the last couple months.</p> 
<p> Read more: <a href="https://crypto.news/animoca-brands-japan-announces-partnership-with-cool-cats-group/"> Animoca Brands Japan announces partnership with Cool Cats Group </a> </p>

Osaka Digital Exchange to launch trading of Japan’s first digital securities

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