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Real estate investment company Gates Inc. will tokenize a $75 million real estate property in the center of Tokyo on the Oasys blockchain, marking one of the largest real estate tokenization projects in the country to date. This collaboration, announced on Wednesday, is significant for both companies. Gates plans to tokenize over $20 billion in assets - approximately 1% of the Japanese real estate market - while Oasys continues to expand from its gaming roots into the realm of Real World Asset (RWA) tokenization. Gates generated $145 million in revenue in 2024 and was included in the Financial Times' "2023 Asia Pacific High Growth Companies" list, and is currently preparing to submit an F-1 prospectus and conduct a Nasdaq roadshow.
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