Tag: Exchange

Osaka Digital Exchange (ODX) to Start Trading of Digital Security Tokens in Japan

ODX said the token issuance will take place on Progmat, a robust software platform dedicated to the issuance and management of digital assets.  Osaka Digital Exchange (ODX) is set to transform the Japanese financial landscape with the launch of the country’s first-ever securities trading platform. The announcement, made on November 20, revealed that the company will commence trading of security tokens on its proprietary platform, dubbed “START,” on December 25, Christmas day. Having secured regulatory approval from Japan’s financial watchdog on November 16, ODX is now authorized to operate the…

Osaka Digital Exchange to launch trading of Japan’s first digital securities 

According to a Nov. 20 notice from Japan’s Osaka Digital Exchange, ODX is set to initiate the trading of digital securities in the country through the issuance of security tokens on Dec. 25. These tokens will be issued by Ichigo, a Tokyo-based real estate investment company, and Kenedix, selling about $20.1 million in securities, according to a coinciding Bloomberg report. Dedicated to ongoing efforts The introduction of the trading of security tokens on the exchange is said to be geared towards streamlining the investment process for individual investors, however, the…

Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

boss

Crypto media platform CoinDesk was acquired by crypto exchange Bullish on Nov. 20, according to a report published in the Wall Street Journal (WSJ). The crypto exchange is headed by former New York Stock Exchange president Tom Farley. The media platform said that former Wall Street Journal editor-in-chief Matt Murray will chair an independent editorial committee while the current CoinDesk editorial team will remain intact. According to the report, Bullish acquired the crypto media platform in an all-cash deal, though the terms of the deal were not disclosed. The media platform,…

Crypto Exchange Bullish Led by Former NYSE President Buys 100% of CoinDesk

100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President. Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley,  has bought 100% of CoinDesk stocks.  It is known that it was an all-cash deal. However, financial terms remain undisclosed. Speaking on this strategic move, Tom Farley stated: “With its acclaimed editorial coverage, premier events and market-leading data and indices, CoinDesk continues to shape the global crypto and blockchain ecosystem. Bullish will immediately inject…

Japanese exchange plans to start digital securities trading on Dec. 25

boss

Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan through security tokens issued by two real-estate firms to fill the demand for alternative assets.  In an announcement, ODX said that its trading system for security tokens commences on Dec. 25. Ichigo Inc., a Tokyo-based company, is reportedly planning to sell over $20 million in securities backed by property investments. Apart from Ichigo, Kenedix Inc. is also planning to offer digital securities within the ODX platform. Security tokens are digital assets…

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

CryptoX – Cryptocurrency Analysis and News Portal Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source The post SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading appeared first…