Marui - 170M JPY Token

MARUI170M


Price
$1.00 USD (0%)

24h Volume
0.00

Market Cap
$1,100,000

Last Trade
July 9, 2024

Last Trade
July 9, 2024
Marui - 170M JPY logo

MARUI170M Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $1,100,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment -
Accepted Investors International Non-US
Exemptions N/A
Instrument Green Bond
Token Issuance Info N/A

Token Information

Price Per (MARUI170M) $1 USD (0%)
Token Issuance Platform Securitize
Secondary Marketplace Securitize Markets
Blockchains Available On Ethereum
Security Type Fixed Income
Asset Class Debt
Payment Options Other

Token Rights

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About

Overview

MARUI Group Co., Ltd., one of the largest retailers in Japan, selected Securitize Japan to launch a tokenized, publicly-available green bond. The offering was made available to members of MARUI’s EPOS merchant-branded credit card. Interest on the bond is paid in both EPOS points and real money

Issuer(s): MARUI Group Co., Ltd
Date: May 2024
Country/Jurisdiction: Japan
Size (Native Currency): 170M JPY
Size (USD): $1.1M
Length: N/A
Interest Rate: 1%

Proceeds from the bond are meant to finance a renewable energy power plant in partnership with Updater (formerly Minna Denryoku or Minden). According to Ledger Insights, Updater's Eneection 2.0 "tracks the source of renewable energy, allowing business buyers to pair electricity sales with energy attribute certificates (EACs) for green energy."

Highlights

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

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