Credit Saison, a leading financial institution in Japan, has announced the launch of a new blockchain fund, Onigiri Capital, which will allocate up to $50 million to support startups in the real-world asset tokenization space.
What is Onigiri Capital and its Blockchain Focus?
Onigiri Capital focuses on investing in startups that are engaged in the tokenization of real-world assets (RWA). The fund is intended to transform traditional assets like real estate and intellectual property into digital tokens on the blockchain.
* Investment Size: Up to $50 million. * Primary Focus: Startups in the RWA sector. * Goal: Drive innovation and adoption of tokenized assets.
Why Are Real-World Assets Important for a Blockchain Fund?
The RWA sector is gaining significant traction, bridging traditional and decentralized finance (DeFi). Tokenizing RWAs offers numerous benefits, changing how we perceive and interact with assets:
* Increased Liquidity: Easier trading of previously illiquid assets in global markets. * Fractional Ownership: Allows smaller investors to own a piece of high-value assets. * Transparency: Blockchain provides a reliable and transparent record of ownership. * Accessibility: Global access to investment opportunities.
Japan's Growing Interest in Blockchain
The launch by Credit Saison is part of a broader trend in Japan. The country has become increasingly open to exploring blockchain technology and cryptocurrencies despite cautious regulation. Major financial institutions are actively seeking ways to integrate this technology into their operations. The establishment of Onigiri Capital highlights a commitment to fostering growth in the Web3 space within a regulated environment.
The launch of Onigiri Capital marks a significant moment for both the Japanese financial sector and the global blockchain landscape. Investing in RWA startups could reshape the financial system, providing increased liquidity, transparency, and accessibility.
