Resona Bank enters real estate security tokens – first project is a hotel in Kyoto | CoinDesk JAPAN

Resona Bank enters real estate security tokens.

Resona Bank, Wealth Management, Nomura Securities, and BOOSTRY announced on February 9th that they will collaborate in the security token (ST) business and conduct a public recruitment for real estate STs. The consortium-type blockchain platform “ibet for Fin'' was used to issue the ST.

The target property is a hotel in Sanjo, Kyoto. The number of issued units is 9,695 units, and the issue price is 1 million yen.

List of security token stocks:[Real estate ST]Hotel token Yuraku/Kyoto Sanjo (with transfer restrictions)

｜Text: CoinDesk JAPAN Editorial Department
｜Image: Sanjo Ohashi Bridge, Kyoto (Shutterstock)