On April 24, Credit Saison, Mizuho Trust & Banking, Tosei Asset Advisors, and Securitize Japan announced their collaboration. They will issue Japan’s first (according to Credit Saison) publicly offered (self-offering) real estate security token “Saison Smart Real Estate Investment” targeting members of Saison Card and UC Card.
The release states, “In order to increase the options for our customers’ new asset formation, we have developed a new form of asset formation called ‘Saison’s Smart Real Estate Investment’ that allows members of the Credite Saison issuance Saison Card and UC Card to invest in high-barrier real estate investments starting from a small amount.”
Real estate ST is an area expected to grow domestically as a use case of blockchain technology. There are also forecasts that the issuance scale for the fiscal year 2025 will be around 180 billion yen.
▶Related Articles: Announcement of “Overview Report on the Japanese Security Token Market (Fiscal Year 2024)”
Until now, many real estate STs have been sold by securities companies, as can be understood from the name “digital securities.” The feature of “Saison’s Smart Real Estate Investment” is that it does not require a securities account, and can be purchased if one is a member of either a Saison Card or UC Card. In other words, the barrier to purchase is lowered. It is also said that “perpetual points” can be used.
The overview of the product is as follows.
Name of the Service
Saison Smart Real Estate Investment - Kagurazaka, Waseda, Nishi-Waseda, Sugamo, Omori, Omorimachi - (with transfer restrictions)
Type of Offered Securities
Security tokens representing the rights of beneficiaries of a trust for the issuance of beneficial securities (tokenized securities)
Total Amount Raised
1,000,000,000 yen
Eligible Applicants
Members of the Saison Card and UC Card issued by Credit Saison (Net Answer and At Your Net Members)
Principal and Issuer
Credit Saison Co., Ltd. (Self-募集)
Trustee
Mizuho Trust & Banking Co., Ltd.
Asset Manager
Tosei Asset Advisors Co., Ltd.
Platform Provider
Securitize Japan, Inc.
Investment Target Real Estate
6 Properties in the 23 Wards of Tokyo (Apartment Buildings)
Delivery Date
June 16, 2025 (Monday)
| Text: CoinDesk JAPAN Editorial Department
| Image: From the release
*Editor’s note: Initially stated “Purchase real estate ST with a credit card,” but it was incorrect. It has been corrected and updated. April 24, 11:54 AM
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The first real estate ST issuance by a credit card company, "Saison's Smart Real Estate Investment" [Correction] | CoinDesk JAPAN
On April 24, Credit Saison, Mizuho Trust & Banking, Tosei Asset Advisors, and Securitize Japan announced their collaboration. They will issue Japan’s first (according to Credit Saison) publicly offered (self-offering) real estate security token “Saison Smart Real Estate Investment” targeting members of Saison Card and UC Card.
The release states, “In order to increase the options for our customers’ new asset formation, we have developed a new form of asset formation called ‘Saison’s Smart Real Estate Investment’ that allows members of the Credite Saison issuance Saison Card and UC Card to invest in high-barrier real estate investments starting from a small amount.”
▶Related Articles: Announcement of “Overview Report on the Japanese Security Token Market (Fiscal Year 2024)”
Until now, many real estate STs have been sold by securities companies, as can be understood from the name “digital securities.” The feature of “Saison’s Smart Real Estate Investment” is that it does not require a securities account, and can be purchased if one is a member of either a Saison Card or UC Card. In other words, the barrier to purchase is lowered. It is also said that “perpetual points” can be used.
The overview of the product is as follows.
| Text: CoinDesk JAPAN Editorial Department | Image: From the release *Editor’s note: Initially stated “Purchase real estate ST with a credit card,” but it was incorrect. It has been corrected and updated. April 24, 11:54 AM