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More real estate tokenization in Japan

Mitsui Bussan Digital Asset Management is backing a second blockchain-based security token by real estate. Three residential properties with a total value of 1.7 billion yen (12.7 million euro) are tokenized. The asset manager is Mitsui, MUFG acts as trustee and provides the Progmat blockchain security token platform for the issuance. SBI Securities as the lead managing underwriter will primarily target individual investors.

Link to Source (Japanese)

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