Marui - 120M JPY Token

MARUI120M

Marui - 120M JPY logo

The Raise Total

$860,000

Price Per Token

$1

Raise Start

June 20, 2022

Minimum Investment

$0

https://www.0101maruigroup.co.jp/

MARUI Group Co., Ltd., one of the largest retailers in Japan, selected Securitize to launch the first tokenized, publicly-available, self-offered corporate bond in Japan. The offering was made available to members of MARUI’s EPOS merchant-branded credit card. Investors benefit in two ways: first, they can expect to receive a 1% pre-tax annual return and, second, participate in a new social responsibility effort by contributing to micro-financing activities in developing countries performed by Gojo & Company. Only 0.3% of the return is in cash, with the balance provided as EPOS reward points enabled through tokenization. Trading is restricted in this particular offering.

Terms

Fundraise Information

Total Raise $860,000 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $0 USD
Accepted Investors International Non-US
Exemptions N/A
Instrument Corporate Bond
Token Issuance Info Not Tradable

Token Information

Price Per (MARUI120M) $1
Token Issuance Platform Securitize Markets
Secondary Marketplace Securitize Markets
Blockchains Available On Other
Security Type Fixed Income
Asset Class Debt
Payment Options Other

Token Rights

See Overview

About

Overview

MARUI Group Co., Ltd., one of the largest retailers in Japan, selected Securitize to launch the first tokenized, publicly-available, self-offered corporate bond in Japan. The offering was made available to members of MARUI’s EPOS merchant-branded credit card.

Investors benefit in two ways: first, they can expect to receive a 1% pre-tax annual return and, second, participate in a new social responsibility effort by contributing to micro-financing activities in developing countries performed by Gojo & Company.

Issuer(s): MARUI Group Co., Ltd
Date: 6/20/2022
Country/Jurisdiction: Japan
Size (Native Currency): 120M JPY
Size (USD): $860,000
Length: 1 Year
Interest Rate: 1%

Only 0.3% of the return is in cash, with the balance provided as EPOS reward points enabled through tokenization. Trading is restricted in this particular offering.

Highlights

This listing is for informational purposes only, highlighting the issuance information. Trading data is currently unavailable

This token has reached maturity

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