Standard Capital Co., Ltd. (Head office: Shibuya-ku, Tokyo, President: Taisei Yamaguchi) is pleased to announce that the real estate STO system “J-FTA” will be available.
■ Background of Real Estate STO System “J-FTA” Development
Over the past few years, the real estate market has been buoyed by rising real estate prices and has attracted many foreign investors.
In addition, the establishment of a diversified investment scheme for multiple real estates such as J-REIT has made it possible to invest in real estate from a small amount.
Improving liquidity in the real estate market has been a major challenge for many years, but it offers more investment opportunities.
On the other hand, considering that the total real estate securitization market size is 32.6 trillion yen, the total amount of domestic real estate is about 2,562 trillion yen, leaving more investment opportunities in the Japanese real estate market.
We are developing Japan’s first real estate STO system, “J-FTA”, and will continue to promote initiatives aimed at developing the real estate STO market, including compliance with laws and regulations.
■ Features of J-FTA
1． Smaller real estate
Smaller real estate allows investors to invest from small amounts, and allows real estate agents to raise funds more efficiently. Until now, real estate investments could only be made by a limited number of investors with funding capabilities. However, the realization of real estate can provide more investment opportunities.
2. Automatic distribution of revenue through smart contracts
In the case of regular real estate investment, the Internet, e-mail, and exchange of documents are required, but in the case of real estate STO, automatic contract with smart contract is possible.
3. Management and sharing of real estate information on the blockchain
Decentralized ledger technology allows you to monitor contracts and frauds that are unfavorable for investors, and data tampering is virtually impossible.
■ Functional requirements of J-FTA
・ Registration of new real estate
・ Issuance of STO
-User registration function (KYC / AML is not implemented)
・ Security token purchase request function
・ Security token purchase approval function
・ White list function etc.
■ Future development
We aim to contribute to the development of the Japanese real estate market through the provision of the real estate STO system “J-FTA”.
We believe that our mission is to create precedents as STO laws are being developed in various countries and we are trying to achieve growth.
Going forward, we will carry out aggressive domestic real estate STO, including the transfer of shares to SPC Securities Co., Ltd. last month.
Company name: Standard Capital Co., Ltd.
Developed STO (Security Token Offering) business to improve liquidity in the funding market. The real estate STO system “J-FTA” and the security token exchange “ALLEX” will be opened in January 2020 at CEZA (Cagayan Economic Zone Authority) in the Philippine Special Economic Zone.
Name of representative: Taisei Yamaguchi
Location: Shibuya Ibis Building 203, 2-17-3 Shibuya, Shibuya-ku, Tokyo 150-0002
Established: November 2018
Capital: 343.9 million yen