#Japan #Real World Assets #Shibuya #JPYC #Convano

Convano's Launch of Payment Support for Real World Assets Using JPYC

In a strategic move to enter the rapidly evolving market of Real World Assets (RWA), Convano Inc., based in Shibuya, Tokyo, announced the initiation of a new business unit dedicated to supporting transactions and circulation through the use of the yen-denominated stablecoin, JPYC. This new division, referred to as the Bitcoin Holdings Strategy Office, was established by the company's board to drive innovations within the cryptocurrency sector.

Background and Purpose of the New Initiative

The global RWA market, which facilitates the digital securitization of tangible assets, has been experiencing unprecedented growth. These assets, including real estate, infrastructure, renewable energy, and art, are transformed into digital formats, significantly enhancing their transparency and liquidity. By democratizing access to these traditionally exclusive asset classes, RWAs open new investment frontiers for a broader audience.

In Japan, the implementation of the revised Fund Settlement Law in 2023 has paved the way for establishing a stable infrastructure for yen-denominated digital payments. This regulatory evolution allows for practical advancements within the RWA sector, leading Convano to seize the opportunity to launch its new business focus.

Overview of the New Business

The initiative aims to create a streamlined payment system for RWAs utilizing the JPYC stablecoin. The envisioned services encompass:

• - Efficient Transactions: Optimizing payment, dividends, and secondary market exchanges for RWAs.
• - Investor Benefits: Enhanced liquidity, increased access through small-scale investments, and immediate receipt of dividends,
• - Expanded Ownership: For asset owners, the initiative promises a broader investor base and a transparent marketplace for transactions.

Targeted Asset Classes (Under Consideration)

Convano has identified several asset types that will be catered to within this initiative, which include:

• - Real Estate: Commercial facilities, logistics centers, and residential properties.
• - Renewable Energy Assets: Solar, wind, and biomass facilities.
• - Social Infrastructure: Sewage systems and 5G communication-related facilities.
• - Commodities: Precious metals, energy resources, and nail-related materials.
• - Art and Collectibles: Paintings, sculptures, and other artworks.

Investment Scale

To kickstart this ambitious venture, Convano plans an initial special expenditure totaling 1.4 billion yen, allocated for strategic business and capital partnership costs alongside system development. The focus will be on commercializing through partnerships while aiming for long-term market penetration.

Future Directions

The commencement date for operations will be established following the signing of relevant partnership agreements. Moving forward, Convano will prioritize gradual investments and phased information disclosure, ensuring high levels of operational transparency for its investors.

Additionally, the potential effects on Convano's consolidated financial results for the fiscal year ending March 2026 are currently being assessed. The company is committed to promptly disclosing any critical information that may influence investment decisions as it develops its new business.

In conclusion, Convano's venture into RWAs promises to reshape the landscape of digital asset transactions in Japan, utilizing the stability and efficiency of JPYC to serve both investors and asset owners seamlessly.