


TechFlame, July 27. According to Nikkei, Mitsubishi UFJ Trust Bank, the trust arm of Japan's largest bank MUFG, has acquired a high-rise building in Osaka for over 100 billion yen (681 million US dollars) and plans to turn it into digital securities to sell tokenized real estate products to retail and institutional investors. The product will be sold as a private real estate investment trust (REIT) on the institutional side to life insurance companies
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