Japanese real estate investment company Gates Inc. will tokenize $75 million Tokyo real estate on the Oasys blockchain
On July 11, news from Cointelegraph reported that Japanese real estate investment company Gates Inc. will tokenize a $75 million property in downtown Tokyo on the Oasys blockchain, marking one of the largest real estate tokenization projects in the country to date. This collaboration was announced on Wednesday and is of significant importance to both companies. Gates Inc. plans to eventually tokenize over $200 billion in assets—approximately 1% of the Japanese real estate market—while Oasys continues to expand from its gaming roots into the realm of real-world asset tokenization. Gates Inc. generated $145 million in revenue in 2024 and was listed in the Financial Times' "2023 Asia-Pacific High Growth Companies" list, currently conducting a Nasdaq roadshow after filing an F-1 prospectus. $ETH