Osaka Digital Exchange (ODX) Set to Launch New Digital Securities Trading Platform on Christmas Day
Osaka Digital Exchange Launches New Security Token Trading Platform
Osaka Digital Exchange set to launch security token trading platform
Oh, Christmas day! The day of giving and receiving. And Osaka Digital Exchange (ODX) has a special gift for all you digital asset investors out there. According to a gleeful announcement, ODX will be unveiling its shiny new digital securities trading platform on December 25th. Talk about festive spirit!
ODX, founded in the year 2021, is a powerhouse in the world of Japanese finance. They’ve got heavyweights like SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) in their corner. And boy, do they mean business! Their ultimate goal? To create a digital stock exchange that will change the game forever.
But wait, there’s more! ODX’s proprietary trading system for security tokens, called Start, has even received regulatory approval from the country’s financial watchdog. Talk about crossing all the T’s and dotting all the I’s. The folks at ODX definitely don’t mess around.
Now, let me share some insider information. Brace yourselves, because this is big. Real estate firm Ichigo Owners is planning on issuing around 3 billion yen ($20 million) worth of tokenized securities. And these tokens, my friends, are going to change the game. The Ichigo Residence Token is set to be invested in six highly convenient rental residential properties with excellent access to the city center. Now, that’s what I call prime real estate! In fact, it’s expected to be the largest issue price ever for an Ichigo Group security token. Talk about putting the “stock” in stocks and the “real” in real estate!
But how will these magical tokens be issued, you ask? Well, let me introduce you to Progmat, a software platform that’s all about issuing and managing digital assets. It’s so popular that even Binance, the big shots in the crypto world, are hoping to use it for issuing stablecoins in the UK. Progmat is the secret sauce that will make everything run smoothly. It’s the engine that’ll power this exciting new venture.
So mark your calendars, folks! December 25th is not just a day for opening presents and feasting on delicious food. It’s the day when ODX’s digital securities trading platform will make its grand entrance. Get ready to dive into the world of digital assets like never before. It’s time to unwrap the future.
And remember, invest wisely and have a holly, jolly Christmas!
*Original source: [Osaka Digital Exchange (ODX) will start its new digital securities trading platform on Dec. 25, according to a Monday announcement. Founded in 2021, ODX is made up of Japanese heavyweights from traditional finance, including SBI Holdings and Sumitomo Mitsui Financial Group (SMFG), and has the goal of setting up a digital stock exchange. ODX’s proprietary trading system for security tokens, named Start, received regulatory approval on Nov. 16 from the country’s financial watchdog.]