Star Mika Holdings Invests in Piece Finance, Operator of European Real Estate Tokenization Platform

Overview

Star Mika Holdings Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Masashi Mizunaga) has made an investment in the form of a SAFE (Simple Agreement for Future Equity) of €30,000 in Piece Finance S.r.l. (Headquarters: Milan, Italy; hereinafter 'Piece'), which is conducting a pre-Series A funding round. Piece operates 'Piece,' a real estate tokenization platform in Europe.

Background of the Investment

In Europe, the digital securitization of real estate using blockchain technology—commonly known as RWA tokenization—is advancing. The Italian and German markets, which Piece targets, have previously had limited real estate securitization. Star Mika Holdings determined that Piece’s fractional investment platform presents a viable opportunity to expand investment access and create new fundraising methods, leading to this investment decision.

About Piece Finance

Piece Finance is a fintech company with the mission of 'Real Estate for Everyone,' aiming to make real estate investment accessible to all. It operates the 'Piece' platform, which tokenizes income-generating European real estate assets on the blockchain. Founded in May 2023 in Milan, Italy, by CEO and co-founder Kenichiro Sowaka, who previously worked at McKinsey & Company and Bain Capital.

Business Activities

Development and operation of the 'Piece' platform, enabling fractional investments starting from €100

Distribution of rental income and capital gains to investors, primarily from high-yield real estate assets in Italy and Germany

Regulatory compliance: Fully compliant with the EU’s Markets in Financial Instruments Directive (MiFID II) and registered with the German Federal Financial Supervisory Authority (BaFin)

Since its official launch, the platform has attracted users from over 30 countries worldwide, building a transparent and trustworthy ecosystem

Future Developments and Synergies

During its testing phase, Piece has already gained strong support from Japanese investors, and the company is considering listing Japanese real estate assets in the future. By integrating Star Mika Holdings’ strengths in used condominium supply and operational expertise with Piece’s tokenization platform, the two companies aim to establish new distribution channels for real estate funds and develop innovative global fundraising models.

Company Overview: Piece Finance S.r.l.

Address: Via Copernico 38, 20125 Milano MI, Italy

Representative: CEO / Co-founder Kenichiro Sowaka

Founded: May 2023

Business: Development and operation of the 'Piece' platform, enabling tokenization, fractional investment, and trading of European income-generating real estate

URL: https://piece.investments

Company Overview: Star Mika Holdings Co., Ltd.

Address: 28F, Shirokane Trust Tower, 4-3 Toranomon, Minato-ku, Tokyo

Representative: Representative Director Masashi Mizunaga

Founded: May 2001

Business: Ownership, operation, and sale of used condominiums; planning and sales of renovation condominiums; investment business; and group management

URL: https://www.starmica-holdings.co.jp/

Official Information Channels:

▶ Official Instagram Account

https://www.instagram.com/starmica_group/

▶ Condominium Sales Magazine 'URILABO'

https://www.starmica.co.jp/sell/urilabo/

▶ Web Magazine on Renovation and Lifestyle 'Shiawase Reno Lab'

https://www.starmica.co.jp/magazine/