#BTCBreaksATH #ETHBreaks3k #ShariaEarn Japan Real Estate Giant GATES Launches $75M Tokenization Pilot in Tokyo.
GATES Inc. is tokenizing $75 million worth of income-generating real estate in central Tokyo using the Oasys blockchain, aiming to streamline access for foreign investors.
GATES, a Japanese real estate investment company, disclosed its intention to convert $75 million worth of income-generating properties in central Tokyo into digital tokens on the Oasys blockchain. This strategic initiative aims to ease the entry of international buyers into Japan’s $20.5 trillion real estate market.
In a statement Thursday, the company said it intends to scale rapidly. Its long-term goal is to tokenize over $200 billion worth of real estate, representing about 1% of the national market. The initiative represents one of the largest property tokenization efforts by a Japanese company to date.