An Asset Management Service for Individuals Using Security Tokens (Digital Securities) Has Appeared—Will ALTERNA, Which Can Invest in Real Estate from 100,000 Yen, Become a New Option?

A new movement to provide individual investors with new investment opportunities using blockchain, and a movement to promote security tokens (digital securities) throughout the industry beyond the boundaries of financial groups, is shifting from savings to investment. Attention will be paid to how much user support can be obtained in the big trend of “To”.

Mitsui & Co., Ltd. Digital Asset Management will start offering a new asset management service for individuals “ALTERNA” from May 22nd.

Realizing small-scale investment with security tokens

The feature of ALTERNA is that the products it provides are mainly security tokens (ST) backed by real estate and infrastructure, so-called “digital securities”. By utilizing security tokens (digital securities), investment opportunities in real estate, infrastructure, etc., which have traditionally been limited to institutional investors, can be made smaller. It is said that it will provide new investment options and support the “shift from savings to investment” promoted by the government and the financial industry.

The service name “ALTERNA” reflects the desire to provide alternative assets to traditional assets such as deposits, stocks, and investment trusts, and to present new investment options. It is

Alternative assets have different risk-return characteristics than traditional assets, and the amount of alternative assets held by institutional investors around the world is expanding. was limited.

ALTERNA utilizes blockchain and other digital technologies to acquire real assets (or Real World Asset: RWA) such as large-scale real estate in the city, or infrastructure such as logistics facilities and power plants, using smartphones. It will be an asset management service for individuals who can easily invest. We have already started opening accounts for pre-registered users from May 11th.

The first investment project is a one-building residence in the Nihonbashi area, “Stage Grande Nihonbashi Ningyocho”. Applications are scheduled to begin on June 2nd.

Blockchain platform is Progmat of Mitsubishi UFJ Trust and Banking

In addition, “Progmat” developed and provided by Mitsubishi UFJ Trust and Banking is used as the issuance platform (blockchain platform) for security tokens (digital securities). Progmat is scheduled to be transferred to an independent company “Progmat (provisional name)” after September under the banner of national infrastructure.

A new movement to provide individual investors with new investment opportunities using blockchain, and a movement to promote security tokens (digital securities) throughout the industry beyond the boundaries of financial groups, is shifting from savings to investment. Attention will be paid to how much user support can be obtained in the big trend of “To”.

｜Editing: Takayuki Masuda
｜Image: From the release

The post An Asset Management Service for Individuals Using Security Tokens (Digital Securities) Has Appeared—Will ALTERNA, Which Can Invest in Real Estate from 100,000 Yen, Become a New Option? appeared first on Our Bitcoin News.