Osaka Digital Exchange launches digital securities platform
On December 31st, Osaka Digital Exchange (ODEX) officially launched its digital securities trading platform START. The first batch of STOs issued by two issuers are valued at approximately 2.925 billion yen ($20 million) and 3.361 billion yen ($24 million) respectively. Previously, the open regulatory attitude promoted by the Financial Services Agency (FSA) of Japan led Mitsubishi UFJ Financial Group, Daiwa Securities, and Nomura Securities to announce the formation of a consortium to jointly explore security token offerings.
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