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Earnings8946ASIAN STAR CO. · TSE Standard

Asian STAR Partners with Hash Global to Expand Real World Assets Business

TOKYO, Jun 26 (Pulse News Wire) – Asian Star Co. (8946.T) announced today that it has entered into a strategic partnership with Hash Global Alpha Company Ltd., a firm known for its expertise in the BN

– Asian Star Co. (8946.T) announced today that it has entered into a strategic partnership with Hash Global Alpha Company Ltd., a firm known for its expertise in the BNB Chain ecosystem.

The collaboration aims to tokenize real-world assets such as real estate through blockchain technology, targeting global capital markets via the BNB Chain network. Under the agreement, Hash Global will contribute capital to Asian Star and collaborate on initiatives to connect real estate assets with the BNB Chain. Both companies will leverage their strengths—Asian Star's asset management capabilities and extensive investor networks in Asia, and Hash Global’s advanced blockchain implementation know-how and global distribution channels—to enhance liquidity and expand investment opportunities globally.

This move aligns with Asian Star's mid-term plan to evolve its investment and asset management consulting business by leveraging Real World Assets (RWAs). The partnership is expected to broaden the company's investor base, improve funding efficiency, and increase revenue streams through enhanced asset liquidity and diversified fee income. Asian Star plans to implement on-chain financing solutions based on tokenized securities, aiming to create a comprehensive RWA marketplace platform.

The initiative seeks to address traditional pain points in real estate investments, offering lower entry barriers, seamless cross-border transactions, and immediate settlement processes.

PDFOriginal disclosureTDnet filing · Japanese · 16:20 JSTView original ↗
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