ODX's Equity PTS, which we began operating in June 2022, will be in its third year this year. In addition, "START," Japan's only secondary market for security tokens, began operating in December 2023 and is currently in its second year. The smooth operation of the two markets is due to the support of many stakeholders, above all investors who keenly show interest in the new markets.

"START" is a venue to expand the possibilities of security tokens, attracting attention as the next generation of financial assets. We are now handling six names, and the trading value is steadily increasing, showing sound progress. We strive to grow the security token market to realize our mission of "creating a market where anyone in the world can invest in any asset".
Concerning the Equity PTS, we now mark a stable trading value of over 100 billion yen per day. We will remain committed to creating liquidity and improving execution prices for investors in Japanese equities.

We operate the two pillars of the Equity PTS and "START" which enable further innovation in financial markets and create an environment where investing is more accessible and enjoyable. We believe that we can make a stable and continuous contribution to the development of capital markets not only in Japan but also around the world.

We appreciate your continued support.

Kimio Mikazuki
President, Osaka Digital Exchange Co., Ltd.