Read this article on bsc.news Tokyo-listed real estate company Asian Star (TSE: 8946) plans to distribute ¥8 million worth of $BNB, about $50,000, to eligible shareholders. The company, which
Tokyo-listed real estate company Asian Star (TSE: 8946) plans to distribute ¥8 million worth of $BNB, about $50,000, to eligible shareholders. The company, which has announced the program as a shareholder benefit, says it is the first of its kind among listed companies, based on its own research.
Holders of at least 100 shares on December 31 qualify. Each eligible shareholder receives a share of the total, sized by the number of shares held. The record date is December 31, 2026, and all applicants will receive an allocation without a lottery , according to TechFlow.
Asian Star says the program has a strategic purpose beyond the payout. The company stated that the initiative aims to help shareholders understand its upcoming real-estate real-world asset tokenization business in Japan, which it plans to advance on the BNB Chain.
Asian Star's BNB strategy has been building for several months. The company was established in 1979, is headquartered in Yokohama, and is listed on the Standard Market of the Tokyo Stock Exchange under the ticker 8946. In September, Asian Star also invested in Hash Global's BNB Yield Fund, managed by Ceffu and supported by YZi Labs . Hash Global describes that product as a BNB allocation product built specifically for institutional investors .
Hash Global is also a shareholder in Asian Star. According to Tokyo Brief, the company said it would raise up to ¥439.0mn through a third-party share sale and warrants to fund a plan to put Japanese real estate on BNB Chain, with Hash Global joining as shareholder and strategic partner. The same report noted that ¥217.0mn of the potential ¥439.0mn depends on later warrant exercises .
In July, a closed-door forum on real-world assets, stablecoins and the BNB ecosystem took place in Tokyo during WebX, where Asian Star and Hash Global signed an MOU to advance a Japanese real estate fund project on BNB Chain .
Binance founder Changpeng Zhao (@cz_binance) publicly welcomed the announcement on X. Asian Star's plans for @BNBCHAIN and its partnership with @HashGlobal point to growing interest from traditional listed companies in the BNB ecosystem, though the size of the payout is small relative to the broader market.
The company has not disclosed how the BNB will be delivered to shareholders in the material reviewed for this article. Investors should watch for further details from Asian Star ahead of the record date.
Sources:
TechFlow: Asian Star to distribute BNB worth 8 million yen to shareholdersTokyo Brief: Asian Star taps Hash Global for BNB Chain property pushHash Global: Strategic partnership with Asian Star
