Draft:Asia Web3 Alliance Japan

Asia Web3 Alliance Japan
AbbreviationAWAJ
Formation2023
TypeGeneral incorporated association (一般社団法人)
PurposeWeb3 and blockchain industry collaboration
HeadquartersJapan
Chief Executive Officer
Hinza Asif
Websitewww.asiaweb3alliance.jp

Asia Web3 Alliance Japan (AWAJ) is a Japanese industry association, incorporated as a general incorporated association (一般社団法人), that works to connect the Web3 and blockchain ecosystems of Asia with the Japanese market. Founded in 2023, the association is led by chief executive officer Hinza Asif.[1]

History

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AWAJ was founded in 2023 with a board composed of international and Japanese members from the Web3 industry.[1] At its first press conference in December 2023, the association outlined plans to expand international participation in Japan and Asia's Web3 ecosystem and launched a stablecoin subcommittee.[1]

In March 2025, AWAJ submitted a proposal to the U.S. Securities and Exchange Commission's Crypto Task Force and Commissioner Hester Peirce calling for a strategic U.S.–Japan partnership on tokenization and Web3 regulatory innovation, including common classification of tokenized securities and frameworks for cross-border token trading and custody.[2] The following month, AWAJ held a strategic dialogue with the Crypto Task Force on cross-border digital asset regulation.[3]

In October 2025, AWAJ organized a "Japan Hub" exhibition booth bringing together seven Japanese companies at the TOKEN2049 conference in Singapore, and hosted networking and pitch events around the conference, including a networking event supported by JETRO's Singapore office.[4]

In June 2026, after Japan's lower house of the National Diet passed legislation reclassifying crypto assets as financial instruments, AWAJ president Hinza Asif told Bloomberg News that stronger enforcement measures could help build a more trusted environment for market participants.[5]

Programs

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AWAJ operates Web3 Salon, an initiative run in collaboration with the Japan External Trade Organization (JETRO) to support the growth and international expansion of Japanese Web3 startups by connecting them with venture capitalists, institutional investors, and partner companies.[6] In June 2025, Ripple partnered with Web3 Salon to provide grants to Japanese startups building on the XRP Ledger in areas including decentralized finance, tokenization of real-world assets, and digital payments.[7]

In December 2025, AWAJ and Web3 Salon launched the Japan Financial Infrastructure Innovation Program (JFIIP), an accelerator for startups developing regulated digital-finance solutions, with Mizuho Bank, SMBC Nikko Securities, Securitize Japan, and HIRAC FUND participating as partners. The program concluded with a JETRO-hosted demo day during Japan Fintech Week 2026.[8][9]

Structure

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The association is organized into subcommittees covering segments of the Web3 industry.[1] Its activities include startup support, policy advocacy, and industry events in Japan and abroad.[8][4]

References

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  1. 1 2 3 4 "Japan's web3 ecosystem aims to attract 5,000 international firms". CryptoSlate. 14 December 2023. Retrieved 11 July 2026.
  2. Watson, RT (25 March 2025). "Asia Web3 Alliance Japan urges US partnership on tokenization, regulation". The Block. Retrieved 12 July 2026.
  3. "Crypto Task Force memo: Asia Web3 Alliance Japan" (PDF). U.S. Securities and Exchange Commission. 22 April 2025. Archived (PDF) from the original on 19 May 2026. Retrieved 11 July 2026.
  4. 1 2 Nakajima, Ryoji (9 October 2025). 世界最大級のクリプト(暗号資産)カンファレンス「TOKEN2049」開催(シンガポール) [World's largest crypto conference "TOKEN2049" held (Singapore)]. ビジネス短信 (Business News) (in Japanese). Japan External Trade Organization (JETRO). Archived from the original on 18 October 2025. Retrieved 11 July 2026.
  5. French, Alice; Terukina, Akemi (11 June 2026). "Japan moves to regulate crypto like stocks in market growth push". The Japan Times. Bloomberg. Retrieved 11 July 2026.
  6. "JETRO × Asia Web3 Alliance Japan Unveils 'The Next Chapter of Japanese Web3.0' at the Web3 Salon Year-End Networking Event". Iolite. 12 February 2026. Retrieved 11 July 2026.
  7. リップル社がJETRO支援の「Web3 Salon」と連携、日本のスタートアップ育成へ [Ripple partners with JETRO-backed "Web3 Salon" to nurture Japanese startups]. CoinPost (in Japanese). 9 June 2025. Archived from the original on 14 May 2026. Retrieved 11 July 2026.
  8. 1 2 Takahashi, Chisato (25 December 2025). XRPL活用の日本向け支援プログラム「JFIIP」始動、みずほ銀行・SMBC日興証券ら参画 [Japan-focused XRPL support program "JFIIP" launches with Mizuho Bank and SMBC Nikko Securities participating]. あたらしい経済 [Neweconomy] (in Japanese). Gentosha. Archived from the original on 10 July 2026. Retrieved 11 July 2026.
  9. 次世代金融の可能性が大いに示された [Japan Financial Innovation Program]. Iolite (in Japanese). Archived from the original on 14 May 2026. Retrieved 11 July 2026.
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