Japanese Digital Securities Make Their Debut
Ichigo, a company based in Japan, is set to introduce the first-ever trade of tokenized securities on the Osaka Digital Exchange (ODX), with assets backed by real estate and valued at $20 million. Similarly, Kenedix, another company specializing in real estate, is planning to launch comparable initiatives.
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Ichigo, a company based in Japan, is set to introduce the first-ever
trade of tokenized securities on the Osaka Digital Exchange (ODX), with
assets backed by real estate and valued at $20 million. Similarly,
Kenedix, another company specializing in real estate, is planning to
launch comparable initiatives.
This
move is expected to boost ODX's liquidity and make real estate
investment more attainable for small-scale investors. The initial
offering, however, limited in scope and scheduled for December 25, 2023,
seems more like a trial of the technology than a full-scale deployment.
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