Japanese real estate company GATES plans to tokenize $75 million worth of Tokyo real estate

Odaily News Japanese real estate company GATES Inc. plans to use the Oasys blockchain to tokenize $75 million worth of Tokyo properties, with plans to scale to $200 billion. The company said Thursday that it plans to expand rapidly, with the ultimate goal of tokenizing more than $200 billion in assets, about 1% of Japans $20.5 trillion real estate market. The Oasys network, which once focused on gaming, is now moving into tokenization, focusing on Japanese assets including intellectual property. (CoinDesk)