Gates Inc., a Japanese real estate investment firm, is set to tokenize $75 million in properties located in central Tokyo using the Oasys blockchain. This initiative is one of Japan's largest real estate tokenization efforts to date. Announced on Wednesday, the collaboration signifies a significant advancement for both firms, with Gates aiming to tokenize over $200 billion in assets, representing about 1% of Japan's real estate market. Gates, which reported $145 million in revenue for 2024 and was featured in the Financial Times’ “High-Growth Companies Asia-Pacific 2023,” is currently on a Nasdaq roadshow following its F-1 prospectus filing. CEO Yushi Sekino confirmed that the company has obtained the necessary licenses for real estate operations in Japan. The project will utilize a special purpose vehicle (SPV) established abroad to ensure compliance with local regulations. The firms also plan to expand their tokenization model internationally, targeting markets in the U.S., Europe, and Asia, potentially including tokenized Japanese intellectual property. Read more AI-generated news on: https://app.chaingpt.org/news