Organisations · Market infrastructure (FMI) · Japan
Osaka Digital Exchange
Japanese proprietary trading system founded by SBI, with Daiwa, Nomura, SMBC and Cboe among backers; runs START, a secondary market for security tokens.
Also known as ODX, 大阪デジタルエクスチェンジ
Headquarters: Japan · used for “firms based in” filters (how location works)
Profile sources[1]
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| DCJPY tokenised yen deposits (DeCurret DCP network) | Client or user Security token settlement trial. | Live (limited) | C Impress Watch, 26 Dec 2025[2] | Reviewed 13d ago |
| START security token market (Osaka Digital Exchange) | Platform provider, Operator | Live (limited) | C Ledger Insights, 13 Feb 2024[1] | Reviewed today |
| Project Trinity stablecoin DvP for security token secondary trades | Operator Took part in the operational test; trades were modelled on its START market. | Pilot | B SMBC, Daiwa Securities, SBI Securities, SBI R3 Japan, ODX, BOOSTRY, Progmat, Datachain and SBI VC Trade (joint release), 6 Oct 2026[3] | Reviewed 13d ago |
Sources
- [1]ODX's START, Japan's market for security tokens to expand beyond real estate — Ledger Insights, 13 Feb 2024. Accessed 12 Oct 2026.C
- [2]SBI証券や大和証券など6社、デジタル証券決済にデジタル通貨の実証 — Impress Watch, 26 Dec 2025. Accessed 12 Oct 2026. In Japanese; our summary is translated.C
- [3]Project Trinity, a proof of concept for DvP settlement with stablecoins in secondary security token trading, completes testing up to phase 2 (operational verification) — SMBC, Daiwa Securities, SBI Securities, SBI R3 Japan, ODX, BOOSTRY, Progmat, Datachain and SBI VC Trade (joint release), 6 Oct 2026. Accessed 18 Oct 2026. In Japanese; our summary is translated. Release PDF linked from the Progmat news page..B
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