Launch of the Blockchain-Based Mobility Finance Platform 'MUSUBI'

JMVL Supports Growth in Developing Countries Through Vehicle Investment

JMVL Co., Ltd. has launched 'MUSUBI', a blockchain-based mobility finance platform on Jan. 21, and has begun offering vehicle lease investment products for corporate clients in Japan. Additionally, the limited pre-sale of electric tricycles, which commenced in November 2024, has sold out within the same year.

'MUSUBI' is a platform that focuses on vehicles as tangible investment assets. Various rights associated with individual vehicle lease contracts are tokenized as NFTs in a tamper-proof format and provided to investors. This allows for digital management of various information and enables partial rights to be divided and freely traded on the blockchain.

The 18 electric tricycles (electric tuk-tuks, manufactured in Cambodia), which were made available for limited pre-sale to corporate clients in Japan starting in November 2024, received inquiries from a wide range of businesses, from major corporations to small startups, and sold out by the end of 2024. These vehicles are being used by local drivers in Cambodia for ride-hailing services, generating returns for investors while contributing to job creation in developing countries, improving drivers' living standards, and providing residents with clean and convenient transportation options.

The Company, along with 'MUSUBI', is creating social and economic impact as a concrete example of promoting financial inclusion in developing countries and supporting the transition to environmentally friendly transportation through sustainable mobility solutions.

권승원 기자 ksw@blockstreet.co.kr