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Latest Tokyo Brief coverage on ASIAN STAR CO., tracking filings, financial news, and market signals from Japan.
TSE:8946
The catch: ASIAN STAR's Hash Global-backed plan to tokenize Japanese real estate on BNB Chain is unusually detailed, but ¥217.0mn of the potential ¥439.0mn raise depends on later warrant exercises.
The move: ASIAN STAR approved a ¥222.0mn share placement to Hash Global Alpha and up to ¥217.0mn of warrants for two other investors to fund a planned Japanese real-estate RWA business tied to BNB Chain, though the company says the PoC still needs legal, tax and operating work.