Gates Announced Plans to Tokenize $75 Million Worth of Japanese Real Estate Assets

Japanese real estate investment company Gates Inc. has announced a large-scale tokenization project of $75 million. Gates aims to tokenize income-generating properties in Central Tokyo using the Oasys blockchain to make it easier for foreigners to gain access to the Japanese real estate market. 

Gates and Oasys Collaborate to Expand Tokenization in Japan

Oasys, a major blockchain platform, announced its partnership with Gates Inc. on July 10 to build one of the largest tokenization projects in Japan, with the first phase of this project being the expansion of liquidity to $34 billion. Driven by the goal to simplify foreign investment, Gates will eventually tokenize more than $200 billion of Tokyo property into assets, which is estimated to be about 1% of Japan’s 20.5 trillion property market. 

Gates’ CEO, Yuji Sekino, confirmed the expansion of real estate operations with crypto. He said– 

“By uniting our deep experience in the Japanese real estate market and fractional ownership model with Oasys’ blockchain expertise, we aim to drive innovation and expand access to investment opportunities in Japanese real estate. As we continue to explore a Nasdaq listing, we look forward to leveraging the expansion of our real estate operations into the RWA market as a catalyst for future growth.”

Japan Using Digital Assets to Build Infrastructure

Yuji Sekino emphasized that Gates will use cryptocurrency technology to build a next-generation investment infrastructure for Japan, allowing global investors to easily access Japanese real estate.

The partnership between Gates and Oasys plans to expand this tokenization model to the United States, Europe, the Philippines, and other Asian countries. The collaboration is also planning to include intellectual property rights— Japanese games and anime in the tokenization. 

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With $145 million in revenue in 2024, Gates became the first major Japanese firm to undertake a large-scale property tokenization initiative. It also filed paperwork for a potential Nasdaq (global economic marketplace) listing, signalling the digital assets’ evolution in the country. 

Final Thought

As tokenization accelerates in the global market, Japanese firms did not hesitate to take the bold step to match the standards. As the project evolves, Gates may include phases to develop a roadmap for other companies to follow while boosting Japan’s digital and technology power. 

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