Japan's largest bank MUFG acquires Osaka high-rise building and will launch real estate tokenization products
2025-07-27 08:48:30
Mitsubishi UFJ Trust Bank, the trust arm of Japan's largest bank MUFG, has bought a high-rise building in the city of Osaka for more than 100 billion yen ($681 million), with plans to turn it into a digital security to sell a tokenized real estate product to retail and institutional investors. The product will be sold to life insurers on the institutional side in the form of a private real estate investment trust (REIT).
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