Gates Inc., a prominent Japanese real estate investment firm, is set to tokenize $75 million worth of prime Tokyo properties on the Oasys blockchain. This partnership marks one of Japan's most ambitious real estate digitization projects to date, with phase one targeting liquidity expansion to $34 billion.
The collaboration represents a strategic pivot for Oasys, originally known for gaming applications, as it ventures into real-world asset (RWA) tokenization. Gates—a Financial Times-listed high-growth company generating 【$145 million】 in 2024 revenue—is concurrently preparing for a Nasdaq listing after filing its F-1 prospectus.
——"We've secured all necessary Japanese licenses and are establishing overseas SPVs to ensure full regulatory compliance,"—— revealed CEO Yushi Sekino. The project's technical lead, Ryo Matsubara of Oasys, emphasized their focus on creating self-reinforcing token economies that maximize compounding returns.
This initiative joins a worldwide surge in property digitization, with Dubai recording 【$18 billion】 in tokenized real estate transactions and New Jersey digitizing $240 billion in deeds. Deloitte forecasts the tokenized real estate market will explode from under $300 billion in 2024 to over 【$4 trillion】 by 2035—a 27% CAGR.
Polygon Labs CEO Mark Boiron recently highlighted how blockchain solves real estate's chronic liquidity issues, while European fund manager APS invested $3.4 million in tokenized properties through MetaWealth's platform last June.
The partners plan global expansion targeting the U.S., Europe, and Southeast Asia, with potential future inclusion of Japanese gaming and anime IP assets. This move comes as institutional interest grows—【67%】 of surveyed fund managers now consider tokenized RWAs a strategic priority according to recent industry reports.
——"Tokenization isn't just about fractional ownership—it's about creating entirely new financial ecosystems,"—— noted Sekino, hinting at upcoming phases that could eventually tokenize 1% of Japan's 【$200 billion】 property market.