The Japanese Pl^g / Ottó Blockchain community, led by CTIA, has consistently contributed to the project since the Pl^g TGE in 2018. It has now grown to a scale of approximately 3,000 users domestically and internationally.
Today, we are excited to announce the official conversion path from PLUG tokens to Ottó’s native staking token, CATA, along with Ottó’s multi-chain synthetic asset technology. This initiative aims to drive the next wave of real world asset (RWA) tokenization from Japan.
The global RWA market is projected to reach $18.9 trillion by 2033, and opportunities for collaboration with domestic and international projects are rapidly increasing.
1. Background of the Joint Announcement
- Long-Term Community Leadership
Since the Pl^g token generation event (TGE) in 2018, CTIA has played a central role in localizing documentation, hosting study sessions, and promoting Pl^g adoption in Japan. The community continues to deliver the latest updates to Japanese holders via official Telegram, X (formerly Twitter), and Discord channels.
- The Rise of RWA Tokenization
The World Economic Forum positions asset tokenization as the “next-generation infrastructure for value exchange.”
A joint report by BCG and Ripple estimates that the tokenization market will grow from $600 billion in 2025 to $18.9 trillion by 2033.
2. Highlights of the Announcement
Topic Overview Reference
- PLUG → CATA Bridge PLUG holders can convert PLUG tokens to CATA at a 1:25 ratio following official procedures.
https://info.ottoblockchain.com/en/articles/11956242-otto-explainer-swap-plug-to-cata - CATA Staking Stake CATA to earn daily OTTO rewards and contribute to network security.
- Multi-Chain Synthetic Assets Ottó reduces bridge risks with multi-chain asset support, extending to DeFi and NFTs.
- XRP Ledger Integration Ottó plans to utilize the scalable XRP Ledger as its RWA issuance infrastructures.
3. Market Opportunity & Japan’s Strategic Advantage
- BCG and ADDX estimate that $16 trillion of illiquid assets will be tokenized by 2030.
- RWA pilots are accelerating across Asia, including Singapore’s MAS “Project Guardian.”
- In Japan, the Tokyo Metropolitan Government has launched a subsidy program covering two-thirds of security token issuance costs, fostering growth in RWA use cases.
- While banks and securities firms show interest, progress in connecting with global standards remains slow — highlighting the need for private-sector-led implementation models.
4. Roadmap
- Q4 2025 – Tokyo RWA Hackathon
- Release of the Ottó SDK and open call for RWA use case development from builders and enterprises.
- Q4 2025 – PoC Partner Selection
- Five Japanese companies in real estate, retail, and IP licensing to be selected for proof-of-concept trials.
- H1 2026 – Mainnet Integration Release
- Airdrop of PoC-aligned benefits to CATA staking users.
5. Call to Action
“Channeling the energy of an 8-year community into the future RWA ecosystem”
CTIA is leveraging its deep expertise in Japanese community operations through Pl^g and Ottó Blockchain to collaborate with global projects. We welcome technical partnerships and co-marketing opportunities. Feel free to contact us.
