Mitsui & Co. Launches Tokenized Real Estate Digital Asset Platform Alterna
On September 1, Mitsui & Co., Ltd. announced the announcement of Alterna, a tokenized real estate digital asset securities platform, and plans to announce digital asset management. The company will first launch a beta platform for expert traders, limited to 20-30 participants, in the fall, to follow the product platform for investors when needed. . The company announced that it has completed the registration of financial products. Mitsui also plans to set up digital investments focused on real estate. Mitsui currently has a 19 billion yen ($ 170 million) pipeline of tokenization projects and plans to reach 100 billion yen ($ 910 million) in three years. Mitsui & Co., Ltd. Digital Asset Management holds 53% of the capital and the Japanese blockchain company LayerX holds 36% of the capital. (Leader Insight)
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