Investment company GATES is launching one of Japan’s largest real estate tokenization projects, aiming to place $75 million worth of assets on the Oasys blockchain.
GATES Inc., a leading Japanese investment real estate company, announced a partnership with the Oasys blockchain ecosystem as part of a $75 million asset tokenization project. The project covers income-generating real estate in central Tokyo and will serve as the first phase of a large-scale initiative to digitize assets worth over $200 billion.
The tokenization will be carried out on the infrastructure of Oasys, an EVM-compatible L1 blockchain that was previously focused on the gaming sector but is now actively entering the real-world asset (RWA) tokenization market.
According to the plan, the first phase will provide tokenized liquidity worth up to $34 billion, with a long-term goal of $200 billion, which is approximately 1% of the entire Japanese real estate market, valued at $20.5 trillion.
GATES’s move to digital liquidity tools aims to overcome traditional barriers for foreign investors — legal complexities, language challenges, and high transaction costs. After launching domestically in Japan, the project plans to scale internationally to markets in Europe, Asia, the U.S., and the Philippines.
Yuji Sekino, CEO of GATES, emphasized that the initiative will provide investors worldwide direct access to reliable Japanese assets through tokens combining yield and utility. Meanwhile, Oasys, represented by Ryo Matsubara, plans to use Japanese cultural assets, from gaming IP to anime and manga, as RWAs to expand the investment portfolio.
In late August 2024, the Oasys blockchain ecosystem began being used by the GameFi protocol Seamoon Protocol, aimed at promoting Japanese culture and hosting the largest catalog of video games, anime, movies, TV shows, and other entertainment elements from Japan.
