Japan based Gates Group Inc. is partnering with Oasys blockchain to tokenize $75 million worth of Tokyo real estate.
Global investors will be able to buy and trade shares of Tokyo properties using just a Web3 wallet.
The move aims to reduce legal, cost, and language barriers, though legal complexities around tokenized ownership remain.
These are prime Tokyo properties, located in the heart of Tokyo, making the project more high-stakes and attention-grabbing.
Gates Group saw $145M in revenue in 2024 and is one of the fastest-growing firms in Asia.
Oasys, known for gaming, is now expanding into Real World Assets (RWA) and is EVM-compatible.
If successful, this project could pave the way for more RWA projects and expand the global tokenized real estate market.
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