Japanese real estate investment firm Gates Group Inc. has partnered with Oasys blockchain to tokenize $75 million worth of real estate assets in Tokyo.

In a statement released Friday, Gates said that the tokenized assets, hosted on the Oasys blockchain, would allow global investors to gain fractional ownership of income-generating real estate through Web3 wallet transactions. 

Such an approach would potentially eliminate longstanding barriers — including legal complexity, high fees, and language hurdles — that have traditionally restricted foreign investment in Japanese real estate, according to the statement.

“We are pleased to partner with Oasys to jointly deliver Japanese real estate as real-world assets globally,” said Gates CEO Yuji Sekino. “With approximately $145 million in revenue generated in 2024 and earning recognition on Financial Times ‘High-Growth Companies Asia-Pacific’ for two consecutive years, Gates brings substantial credibility and proven expertise to this initiative.” 

Read the full story at The Block.