Updated April 17, 2026 at 01:50 PMCoinCex editorial review
Mitsui & Co.'s Crypto Arm Brings Tokenized Metals Asset Zipangcoin to OP Mainnet
The shift to Optimism is ZPG's first deployment on a public blockchain since launching in 2022, and the start of its global rollout.
Mitsui & Co. Digital Commodities (MDC), a subsidiary of Japanese trading giant Mitsui & Co., Ltd., is launching its tokenized gold, silver, and platinum asset, Zipangcoin (ZPG), on Optimismβs Ethereum Layer 2, OP Mainnet, according to a press release shared with The Defiant. ZPG has been issued under Japan's regulatory framework since 2022 and currently runs on Miyabi , a proprietary private blockchain developed by longtime Japanese centralized crypto exchange bitFlyer. The OP Mainnet deployment marks the first time the asset will be issued in a public blockchain ecosystem. Per the release, Japanese CEX GMO Coin will list ZPG for trading on April 20. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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