Oasys has reached a strategic partnership with Japanese real estate giant GATES Inc. to enter the RWA market and promote real estate tokenization

ChainCatcher news, Oasys announced a strategic partnership with Japan's top real estate investment firm GATES Inc. GATES Inc. will tokenize $75 million worth of core real estate in Tokyo on the Oasys chain. Oasys stated that this is currently one of the largest real estate tokenization projects in Japan and the first collaborative project for Oasys's entry into the RWA field, marking a strategic upgrade for Oasys from a gaming chain to RWA infrastructure.

It is reported that GATES Inc. is expected to generate over $145 million in revenue in 2024 and is preparing for a listing on NASDAQ. Oasys indicated that the initial tokenization of $75 million in assets is just the beginning, with plans to expand the scale of tokenized assets to $34 billion in the future, with the ultimate goal of achieving tokenization of over $200 billion in assets, reaching 1% of Japan's overall real estate market.