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Securitize Launches Tokenized Platform To Rejuvenate Japan’s Rural Property Market
Summary: Secutize, the digital asset issuer, has launched a tokenized platform with the goal of encouraging funding in under-invested real estate in rural Japan. Made in collaboration with Tokyo-based fintech firm LIFULL Social Funding, the crowdfunding platform recently finished undergoing joint tests, according to a blog post from Securitize on Tuesday. According to Securitize CEO and ...
Secutize, the digital asset issuer, has launched a tokenized platform with the goal of encouraging funding in under-invested real estate in rural Japan.
Made in collaboration with Tokyo-based fintech firm LIFULL Social Funding, the crowdfunding platform recently finished undergoing joint tests, according to a blog post from Securitize on Tuesday. According to Securitize CEO and co-founder Carlos Domingo called the project "very exciting," and said this was the beginning for both Securitize and LIFULL to "modernize the Japanese real estate market together."
While Japan does have some of the densely populated cities in the world, this has caused the surrounding countryside’s population to significantly decline. It is currently estimated that nearly 900 towns and villages across Japan will be deserted by 2040.
By Ramsey Baker
Tags: countryside,Japan,securtize,tokenized platform
Link: Securitize Launches Tokenized Platform To Rejuvenate Japan’s Rural Property Market [Copy]
