Mitsui & Co.'s Crypto Arm Brings Tokenized Metals Asset Zipangcoin to OP Mainnet

Mitsui & Co. Digital Commodities (MDC), a subsidiary of Japanese trading giant Mitsui & Co., Ltd., has brought its tokenized gold, silver, and platinum asset, Zipangcoin (ZPG), to OP Mainnet. The move was announced in a press release shared with The Defiant. ZPG has been issued under Japan's regulatory framework since 2022. It currently runs on Miyabi, a proprietary private blockchain developed by the long-standing crypto exchange bitFlyer. The OP Mainnet deployment marks the first time the asset will be issued in a public blockchain ecosystem. According to the release, Japanese CEX GMO Coin will list ZPG on April 20.