Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets

Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets
фото показано с : cryptoslate.com

2023-11-20 18:47

Osaka Digital Exchange (ODX) revealed that its Proprietary Trading System (PTS) “START” for security tokens will begin operations by Dec. 25, according to a Nov. 20 statement.

A security token is essentially a digital form of traditional securities. These tokens represent fractions of real-value assets, such as equity, a company, real estate, etc.

ODX’s offering stems from Japan’s Financial Service Agency (FSA) approval of its securities token proprietary trading system on Nov. 16. According to the firm, its trading system will bring more liquidity and funding opportunities to securities token operations within the region.

ODX was established in 2021 by SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). Its current move aligns with its vision to create a digital stock exchange to compete against the Tokyo Stock Exchange.

Ichigo to be ODX’s START first client.

Ichigo is set to become one of the early customers of ODX’s START platform, according to a Nov. 20 statement.

The real estate company, which had previously issued two security tokens, will issue a new token to open real estate investment opportunities for individuals.

“This ST plans to invest in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group ST,” part of the statement reads.

Bloomberg reported that Ichigo will sell about $20 million worth of securities backed by property investments, and trading will start on Dec. 25.

Meanwhile, the real estate-backed security assets will be released on Progmat, a Japan-regulated digital asset platform.

Progmat, established in 2022 by banking giant Mitsubishi UFJ Financial Group (MUFG) in collaboration with other Japanese banks, integrates blockchain technology with financial expertise to manage digital assets within the Asian country’s regulatory framework.

The post Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Digital Rupees (DRS) на Currencies.ru

$ 6.38E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $6.38E-5 - H: $6.38E-5
Капитализация $32.611k Rank 99999
Доступно / Всего 510.803m DRS

digital security trading osaka token exchange dec

Источник: cryptoslate.com

digital security → Результатов: 126


UnionBank of the Philippines to utilize METACO and IBM for its crypto custody operations

METACO, a provider of security software and infrastructure to the crypto-asset ecosystem, has announced that Union Bank of the Philippines will deploy its digital asset management solution. Moreover, UnionBank is deploying services on IBM Cloud, in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure which are fully integrated with METACO’s software.

2022-1-21 22:20


Фото:

Top security crypto wallet NGRAVE raises $6M in seed round

NGRAVE, the self-described “coldest” crypto hardware wallet, finalized a seed round fundraise of $6 million, Invezz learned from a press release. The wallet creator attracted interest from well-known investors such as Morningstar Ventures, DFG Group, Woodstock Fund, Spark Digital Capital, Mapleblock Capital, Moonrock Capital, and a number of private angel investors and key opinion leaders.

2022-1-20 17:00


Introducing the NFT Security Group

Last year, the world woke up to NFTs: the first digital product standard that is platform agnostic. They represent the basic building blocks for brand new peer-to-peer economies, giving more freedom, portability and ownership over digital goods, and allowing developers to build powerful, interoperable applications that provide real economic value and utility to users across […] The post Introducing the NFT Security Group appeared first on NFT News Today.

2022-1-18 00:41


Фото:

DIGau–a Security Token Backed by Gold Deposits in the United States—has been Approved for Listing on CryptoSX

Dignity Corporation, an established US-based digital security that is crafting a revolutionary approach by leveraging gold reserves to peg against its token as a security, has announced that its security token DIGau has been approved for trading on CryptoSX—a digital asset exchange that allows investors from across the world to invest in cryptocurrencies in aRead More

2022-1-5 17:30


Innovation in Business Summit 2021

 18 September 2021 — Hyatt Regency Dubai: TECH & SUSTAINABILITY: Information Technology, Artificial Intelligence and Robotics , Data Security & Privacy, Blockchain & Digital Currency, Cloud systems, Business Innovation & Digital Transformation, Green Business, Green Marketing Innovation in Business Summit 2021 invites innovative businesses in Tech and Sustainability sectors to assemble and discuss future possibilities […] Сообщение Innovation in Business Summit 2021 появились сначала на Coinstelegram.

2021-9-17 20:40


Фото:

Consortium Blockchains: Connecting Cryptocurrencies with Financial Institutions

Though the world had seen advancements in the field of blockchain-based networks, Bitcoin was the first practical application of the technology that worked as intended. The first cryptocurrency introduced a decentralized, peer-to-peer, and trustless digital payment system that promised privacy, security, and transparency.

2021-8-7 17:00


iTrustCapital Gains Security Boost with Coinbase Custody Integration

Cryptocurrency retirement savings platform iTrustCapital has announced it is integrating Coinbase Custody services to provide its clients with an additional layer of security. iTrustCapital provides IRAs (individual retirement accounts) and other qualified retirement funds with 24/7 access to digital cryptocurrency assets and precious metals through its tax-advantaged, IRS compliant, trading platform. The new integration helps […]

2021-6-18 21:10


Фото:

Cyber security pro: Monero is the cryptocurrency of choice for ‘savvier criminals’

Monero XMR/USD is a cryptocurrency token that gives fraudsters more freedom from the tracking mechanisms and tools integrated by the BTC blockchain. Monero has been dubbed the “privacy token” and is gaining attention among more sophisticated cyber criminals, Rick Holland, chief information security officer at cyber threat intelligence company Digital Shadows, told CNBC in an […] The post Cyber security pro: Monero is the cryptocurrency of choice for ‘savvier criminals’ appeared first on Invezz.

2021-6-15 18:05


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Germany Fastracks All-Digital Security Strategy with Blockchain

Clearing the Law Up On Dec 16, 2020, German Chancellor Angela Merkel’s cabinet passed new legislation regarding securities. The law allows for digital-only securities. In the past, securities had to exist as paper certificates, according to Reuters.

Isle of Man Says Bitcoin, Ethereum Not Securities

The Isle of Man, a self-governing British Crown dependency, has released a document guiding how it will define cryptocurrencies like Bitcoin. Specifically, the country’s financial services authority (FSA) categorizes cryptocurrencies by their function.

Salt Lending Strikes Settlement With SEC Amid Cease and Desist Order

The ICO boom may be over, but the U. S. Securities and Exchange Commission appears to be just getting started. Salt Lending has become the latest target of the regulator after the SEC issued a cease-and-desist letter to the crypto-backed lender, aka Salt Lending, on Sept.