1h ago

Mitsui Launches Japan'S First Commodity-Backed Cryptoassets On Op Mainnet

Mitsui & Co. Digital Commodities is bringing Zipangcoin to OP Mainnet, marking a significant step for one of Japan's largest trading houses into public blockchain infrastructure.

The launch covers three regulated, yield-bearing tokens: $ZPG for gold, $ZPGAG for silver, and $ZPGPT for platinum. Each token is backed one-to-one by physical precious metals, positioning them as institutional-grade digital assets designed to bridge traditional commodity markets with decentralized finance.

Built on the @Optimism stack, the tokens are scheduled to list on @Gmo_coin on April 20. The move represents one of the most concrete examples yet of a major Japanese conglomerate committing to public blockchain rails for real-world asset tokenization.

Mitsui Launches Japan'S First Commodity-Backed Cryptoassets On Op Mainnet

More Breaking News

Neo Co-Founder Proposes $461m Treasury Overhaul As Public Feud With Zhang Escalates China'S Deepseek Seeking $10 Billion Valuation In Its First-Ever Fundraise X Drives $1 Billion In Trading Volume Days After Cashtags Launch Xrp Hits $1.5 As Market Recovers Btc Breaks Past $77,000 As Trump Confirms Israel Ending Attack On Lebanon Member Of The U.S. Congress Secures Huge $Btc Purchase Btc Breaks $76k, Wti Crude Oil Crashes Following Strait Of Hormuz Reopening Investors Are Watching $Xrp Again Bitcoin Spot Etfs See Three Day Inflow Streak Led By Blackrock Bitcoin Miners Dump Record Btc In Q1 2026 Neo Co-Founder Proposes $461m Treasury Overhaul As Public Feud With Zhang Escalates China'S Deepseek Seeking $10 Billion Valuation In Its First-Ever Fundraise X Drives $1 Billion In Trading Volume Days After Cashtags Launch Xrp Hits $1.5 As Market Recovers Btc Breaks Past $77,000 As Trump Confirms Israel Ending Attack On Lebanon Member Of The U.S. Congress Secures Huge $Btc Purchase Btc Breaks $76k, Wti Crude Oil Crashes Following Strait Of Hormuz Reopening Investors Are Watching $Xrp Again Bitcoin Spot Etfs See Three Day Inflow Streak Led By Blackrock Bitcoin Miners Dump Record Btc In Q1 2026

(Advertisement)

Author

BSCN

BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.