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Tokyo Plans to Meet Olympic Hospitality Demand with Tokenized Funding

The Tokyo Olympics are less than 10 months away and Japan’s ailing economy is looking for a way to meet the demand posed on hotels and condominiums. Lead Real Estate Group is raising funds through security tokens to finance the construction for said properties, as reported by Ledger Insights, October 22, 2019.

Use-Cases Emerge

Tokyo’s real estate market has been in a massive uptrend owing to the 2020 Olympics scheduled within the city. Residential rent is ticking upward and the inflow of foreign capital is boosting the real price of commercial property.

However, Japan is facing its own internal crisis with regard to infrastructure funding. Fluctuating real estate trends and negative borrowing rates have made development cheaper despite an uncertain long term outlook.

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