The Japanese real estate investment company Gates Inc. has announced a large -scale tokenization project of $ 75 million. Gates aims to tokensine income generating properties in the center of Tokyo using the Oasys blockchain to allow foreigners to access the Japanese real estate market more easily.
Gates and Oasys collaborate to extend token in Japan
Oasys, a large blockchain platform, announced its partnership with Gates Inc. July 10 to build one of the largest tokenization projects JapanThe first phase of this project being the expansion of liquidity at $ 34 billion. Driven by the objective of simplifying foreign investments, Gates will end up with Tokensize more than $ 200 billion in assets tokyo, which represent approximately 1% of the real estate market of 20.5 billions from Japan.
The CEO of Gates, Yuji Sekino, confirmed the expansion of real estate operations with Crypto. He said –
“By uniting our in -depth experience in the Japanese real estate market and the fractional property model with the expertise of OASYS blockchain, we aim to stimulate innovation and to expand access to investment opportunities in Japanese real estate. While we continue to explore a list of Nasdaq, we look forward to future growth. ”
Japan using digital assets to build infrastructure
Yuji Sekino stressed that the doors will use cryptocurrency technology to build a new generation investment infrastructure for Japan, allowing global investors to easily access Japanese real estate.
The partnership between Gates and Oasys plans to extend this tokenization model in the United States, Europe, the Philippines and other Asian countries. Collaboration also plans to include intellectual property rights: Japanese games and animates in tokenization.
With $ 145 million in revenues in 2024, Gates became the first major Japanese company to undertake a large -scale real estate tokenization initiative. He also filed documents for a potential registration of the NASDAQ (global economic market), signaling the evolution of digital assets in the country.
Final thought
While the tokenization accelerates on the world market, Japanese companies did not hesitate to take the daring step to correspond to the standards. As the project evolves, the doors may include phases to develop a roadmap so that other companies can follow while increasing Japan digital and technological power.