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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 <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> of <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> <a rel="noopener noreferrer nofollow" title="securities" href="https://thebittimes.com/tag/securities.html">securities</a> 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 introduction of the trading of security tokens 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 Bloomberg, 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>
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 <h2 class="wp-block-heading" id="facilitating-the-turnover">Facilitating the turnover&nbsp;</h2>
 <p>At the same time,&nbsp;reports&nbsp;from October suggest Japan is gearing up to introduce a bank-supported <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> currency in 2024. GMO Aozora Net Bank, a Japanese internet bank, is reportedly set to <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> the yen-pegged <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> 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 <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> asset adoption in Japan, joining several others over the last couple months.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/osaka-digital-exchange-to-launch-trading-of-japan-s-first-digital-securities-tbt70962.html">https://thebittimes.com/osaka-digital-exchange-to-launch-trading-of-japan-s-first-digital-securities-tbt70962.html</a></p>

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

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