Mitsui subsidiary to issue gold-backed RWA token ZPG on Optimism

Mitsui's digital subsidiary, Mitsui Digital Commodities (MDC), announced it will issue its gold-pegged RWA token, Zipangcoin (ZPG), on the Optimism (OP) network. ZPG has been issued under Japan's regulatory framework since 2022. The token was previously issued on the Miyabi network, a private blockchain developed by bitFlyer.