Japan to Start Digital Securities Trading From Next Month
- Security tokens of Ichigo and Kenedix to trade on exchange
- Other Asia markets is also opening door for trading the tokens
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Osaka Digital Exchange Co. will begin Japan’s first trading of digital securities next month in the form of security tokens issued by real estate firms Ichigo Inc. and Kenedix Inc., tapping individuals’ demand for alternative assets that may offer better returns.
Tokyo-based Ichigo will sell about ¥3 billion ($20.1 million) of securities backed by property investments, and trading will start on Dec. 25, according to a filing to authorities on Monday.