JSE plans to
start trading digital securities
Ichigo, based in Tokyo, intends to provide more than $20 million in
real estate-backed digital securities on the Osaka Digital Exchange.
Osaka Digital Exchange (ODX)
its trading system operator, is scheduled to
begin trading digital securities in Japan.
In its announcement, ODX announced that its trading system
for security codes will start running on December 25.
According to reports
Tokyo
based Ichigo plans to
sell more than $20 million of security codes issued
by two real estate companies to meet the demand for alternative assets.
In addition to Ichigo, Kenedix intends to
offer digital securities on the ODX platform.
Security codes
are digital assets that usually represent
a stake in an enterprise or external assets.
When a digital symbol is classified as a security symbol
it is regulated under federal law, and its value derives
from negotiable external assets.
Start trading security codes on
the exchange can increase their liquidity
and make the investment process easier for individuals.
Although
the launch of digital securities trading on
the stock exchange includes a limited offer of only $20 million
However
this indicates that the market is still testing water
and examining the extent to which there is demand
for such alternative forms of securities.
Japan has recently witnessed significant developments in
the area of digital asset adoption.
On September 15, the Japanese government announced plans to
llow startups to raise funds by issuing cryptocurrencies instead of shares.
On October 12
DeCurrent Holdings
the electronic payments company, revealed that
About an official report on a stable currency project supported
by Japanese yen
the currency is expected to launch in 2024.
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