Asian Star, a real estate company traded on the Tokyo Stock Exchange, will give out 8 million yen in BNB tokens to shareholders who own at least 100 shares on December 31. The distribution totals roughly $50,000 and represents what the firm believes is a first for publicly traded companies. Each qualifying holder receives a portion based on their share count.
The token giveaway ties into Asian Star's larger goal of tokenizing Japanese real estate on BNB Chain. The Yokohama-based company has partnered with Hash Global and recently invested in a BNB fund. Binance founder Changpeng Zhao acknowledged the move as a sign of institutional interest in the BNB ecosystem.
Read the full story on BSC News: Tokyo-Listed Asian Star to Distribute ¥8 Million in BNB to Shareholders
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