Digital Securities Inc., based in Tokyo, has introduced 'renga', a blockchain security token platform enabling retail investors to trade fractional real estate. Officially launching on September 30, the platform offers a 5.5% annual yield on its inaugural fund, which has a five-year term. Investors can engage in peer-to-peer transactions with a minimum investment of $672 (100,000 yen) and benefit from no intermediary fees following regulatory approval.
The platform, which has secured $8 million in Series A funding from backers including SBI Ventures and Mitsubishi Corporation, plans to expand its offerings to include energy infrastructure and corporate bonds. This development marks a significant step in democratizing access to real estate investments in Japan.
Digital Securities Inc. Launches 'renga' for Tokenized Real Estate Trading
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