Osaka Digital Exchange begins trading in security tokens (ST) – Japan’s first ST secondary market | CoinDesk JAPAN

Osaka Digital Exchange (ODX) announced on December 25th that it has started trading on the private trading system “START” for Security Tokens (ST). The arrival of Japan’s first ST secondary market is expected to provide companies with flexible financing and expand a wide range of investment opportunities.

First, two stocks targeting real estate were listed. One of these is the Kenedix Realty Token Dormy Inn Kobe Motomachi (digital name transfer method), which is issued and operated by Kenedix, SMBC Trust Bank, and Daiwa Securities in collaboration. The other is “Ichigo Residence Token – Shiba Koen, Higashi-Shinjuku, Metropolitan University, Monzennakacho, Takaido, Shinkoiwa – (digital name rewriting method)” which is issued and operated by Ichigo, Mitsubishi UFJ Trust and Banking, and SBI Securities in collaboration. ”.

According to the release, the START matching system utilizes Amazon Web Services (AWS) cloud services. In the future, they are looking at straight-through processing (STP) through collaboration with blockchain, which is the issuing platform for ST.