Min menu

Pages

JSE plans to start trading digital securities


 


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.


Comments