The Japanese real estate investment company Gates Inc. will convert 75 million USD worth of real estate in Tokyo into tokens on the Oasys blockchain, marking one of the largest initiatives for real estate conversion in Japan. Gates plans to convert over 200 billion USD in assets, accounting for about 1% of the Japanese real estate market, as Oasys expands into the real asset sector (RWA).
Gate CEO, Yushi Sekino, stated that the company has the necessary licenses in Japan and the project will be carried out through a special purpose vehicle (SPV) overseas. Global interest in real estate tokenization is surging, with sales in Dubai reaching 18 billion USD. It is forecasted that the tokenized real estate market could exceed 4 trillion USD by 2035.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
