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Yoshiharu Global Co. (NASDAQ:YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced its entry into the U.S. real estate market with partners Good Mood Studio and Wealthrail, aiming to build on its traditional ramen business by securing new engines of growth.
Yoshiharu has signed a strategic Memorandum of Understanding ("MOU") with Good Mood Studio, a real estate firm with a proven track record of over 1,400 successful property flips. Additionally, Yoshiharu plans to invest approximately $2 million to acquire a 10% stake in Wealthrail, a real estate tokenization platform founded by Good Mood's founder. Through this partnership, the companies will jointly pursue real estate development and digital asset ventures.
James Chae, Yoshiharu's President, CEO and Chairman of the Board, stated, "Compared to existing Nasdaq-listed PropTech companies, Yoshiharu stands out with its proven on-the-ground expertise, real asset–focused investment structure, and a differentiated expansion strategy rooted in Security Token Offering ("STO") and AI-based technologies.
"The U.S. real estate market remains the largest and most attractive in the world, drawing strong interest from global investment firms and overseas STO companies for potential collaboration. Leveraging this momentum, we aim to position the company as a leading PropTech player in the U.S. market over the mid to long term. We have now acquired two residential properties through Wealthrail and plan to expand joint operations and acquisitions within the year to diversify our revenue and establish a solid foundation for long-term growth," concluded Chae.
Posted In: YOSH