Osaka Digital Exchange will launch Japan’s first digital securities trading on December 25. The stock exchange announced today that “START”, a special trading system for security tokens, will be operational. Last week, the country’s financial regulator received approval to operate the securities trading market.
This digital securities trading platform, launched by Osaka Digital Exchange, will be activated on December 25 with the issuance of $20 million in real estate securities. As part of this trade, Japanese real estate company Ichigo Inc. plans to sell approximately $20.1 million worth of securities backed by real estate investments.
This development means that Japan has officially stepped into digital securities trading in the region.