Mitsui & Co. Digital Asset Management has initiated the offering of digital securities backed by land associated with the large commercial facility "Aeon Omiya." This marks Japan's first instance of land rights being digitized into securities. The land is valued at approximately 8.6 billion yen (around $55.6 million), with a minimum investment requirement of 100,000 yen (approximately $647). The expected pre-tax annual distribution yield is 3.4%, with an operational period of about 5 years and 1 month. The product utilizes the ibet for Fin blockchain infrastructure and is structured through a beneficiary securities issuance trust, categorizing it as a regulated real estate digital security/RWA product, distinct from typical open public chain tokens.
Mitsui & Co. Digital Asset Management Launches Japan's First Land-Backed Digital Securities
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