Startup Digital Securities Inc. (Tokyo) has just launched the "renga" platform, allowing individual investors to purchase digitized securities based on blockchain, own fractional real estate, and trade directly with each other – the first feature in the Japanese stock market. The first fund, Residence (Kita-Shinagawa), is open from 30/9 to 8/12, with a target yield of 5.5% per year over 5 years. Investors can participate from 500,000 yen (~3,362 USD).
Renga helps reduce entry barriers, eliminate intermediary fees, and expand access opportunities for retail investors. In addition to real estate, the platform plans to launch products related to energy, aviation, shipping, and corporate bonds. CEO Kohei Yamamoto stated that the goal is to provide stable products that align with the saving trends of the Japanese.
On September 25, Digital Securities successfully raised 1.2 billion yen (~8 million USD), with participation from SBI Ventures, Mitsubishi, and MUFG Capital.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Japanese retail investors can now trade encrypted real estate.
Startup Digital Securities Inc. (Tokyo) has just launched the "renga" platform, allowing individual investors to purchase digitized securities based on blockchain, own fractional real estate, and trade directly with each other – the first feature in the Japanese stock market. The first fund, Residence (Kita-Shinagawa), is open from 30/9 to 8/12, with a target yield of 5.5% per year over 5 years. Investors can participate from 500,000 yen (~3,362 USD).
Renga helps reduce entry barriers, eliminate intermediary fees, and expand access opportunities for retail investors. In addition to real estate, the platform plans to launch products related to energy, aviation, shipping, and corporate bonds. CEO Kohei Yamamoto stated that the goal is to provide stable products that align with the saving trends of the Japanese.
On September 25, Digital Securities successfully raised 1.2 billion yen (~8 million USD), with participation from SBI Ventures, Mitsubishi, and MUFG Capital.