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GATES to Tokenize Tokyo Properties

Tokyo cityscape with Fuji mountain in Japan | Source: https://www.freepik.com/

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Tokyo real-estate investor GATES Inc. will place ¥11.8 billion (US $75 million) of income-generating towers on the Oasys blockchain this quarter. CoinDesk reports that the firm hopes to grow the pool toward US $200 billion, turning rented offices and apartments into tiny digital shares that settle in seconds.

Oasys, once focused on gaming tokens, now targets real-world assets. Cointelegraph adds that each token will carry legal rights through an overseas vehicle, while AInvest notes the first phase could unlock US $34 billion in fresh liquidity for foreign buyers shut out by language and legal hurdles.

“Tokens that blend profit and utility will open Japanese assets to the world,” said Yushi Sekino, chief executive of GATES, after unveiling the plan.

Real-estate tokenization cuts buildings into low-cost digital units that trade like stock. Japan ran smaller pilots in 2023, when Mitsubishi UFJ and SBI tokenized hotel bonds, but complex property rules and high stamp duties kept many overseas investors away. By baking compliance into code, GATES aims to offer click-through ownership without the usual paperwork.

Analysts point to Singapore’s recent approval of institutional property tokens and Dubai’s forecast of US $16 billion in on-chain deals by 2033. If regulators keep pace on custody, tax and inheritance, some researchers predict Japan’s tokenized real-estate market could top US $500 billion before the decade ends, turning the nation’s dense skyline into a border-free asset class.

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