The post Japan’s ODEX to Begin Trading with Real Estate Security Token appeared first on Coinpedia Fintech News
Japan’s Osaka Digital Exchange (ODEX) first digital securities trading platform, is set to begin operations next month with the sale of security tokens issued by real estate firms Ichigo and Kenedix. Ichigo will offer around $20.1 million worth of securities backed by property investments, with trading starting on December 25. This move is part of Japan’s efforts to encourage investment in alternative assets that offer higher returns to counter a rapidly aging population. While the size of Ichigo’s sale is relatively small, it reflects growing demand for security tokens in Asia, with Hong Kong and South Korea also easing restrictions on their issuance and distribution.