Gates Group Tokenizes $75M Tokyo Real Estate

Japanese real estate investment firm Gates Group Inc. has partnered with Oasys blockchain to tokenize $75 million in real estate assets located in Tokyo. In a statement released on Friday, Gates announced that the tokenized assets hosted on Oasys blockchain will provide global investors the opportunity to gain fractional ownership of income-generating properties through Web3 wallet transactions. This innovative strategy aims to remove traditional barriers such as legal complexity, high fees, and language difficulties that have historically limited foreign investment in Japan's real estate market. Gates CEO Yuji Sekino expressed enthusiasm about the collaboration, stating, "We are pleased to partner with Oasys to deliver Japanese real estate assets globally as real-world assets." Gates has reported approximately $145 million in revenue for 2024 and has been recognized by the Financial Times as one of the 'High-Growth Companies Asia-Pacific' for two consecutive years, lending significant credibility to this initiative. Originally established as a blockchain gaming platform, Oasys has successfully shifted its focus towards the tokenization of real-world assets in Asia. Its EVM-compatible, proof-of-stake network is designed for interoperability, enabling seamless asset bridging and compatibility with Web3 wallets—both essential for increasing institutional engagement in tokenized assets. The initial tokenization of $75 million will concentrate on income-producing properties in central Tokyo and marks the first phase of a more extensive strategy. Gates aims to increase token liquidity to $34 billion and eventually tokenize over $200 billion of its assets, which represents about 1% of Japan's total real estate market valued at $20.5 trillion. Future expansions are planned to target major international markets, including the U.S., the Philippines, and wider Asia and Europe, as noted in the press release.