Japanese real estate company GATES plans to tokenize Tokyo real estate worth $75.00 million

Japanese real estate company GATES Inc. plans to tokenize $75.000 million worth of Tokyo properties using the Oasys blockchain, with plans to expand it to $200.000 billion. The company said Thursday that it plans to expand rapidly, with the ultimate goal of tokenizing more than $200.000 billion in assets, about 1% of Japan's $20.500 trillion real estate market. The Oasys network, which once focused on gaming, is now shifting to the tokenization space, with a focus on Japanese assets, including intellectual property. (CoinDesk) [Odaily Planet Daily]