Mitsubishi UFG Enters $1.3B Security Token Market With Retail Platform
Japan's security token market is gaining momentum as Mitsubishi UFJ Financial Group (MUFG) launches ASTOMO, a retail platform for fractionalized real estate investments. Starting at just $653, the platform democratizes access to an asset class traditionally reserved for institutions and high-net-worth individuals.
The MOVE follows a broader trend of Japanese financial giants embracing blockchain for regulated assets. Daiwa Securities, Mizuho Trust Bank, and Nomura Holdings have all issued security tokens since late 2023, with corporate bonds and real estate certificates leading the charge. Market projections suggest accumulated issuance could reach $2.29 billion, though no official timeline has been set.
Japan's regulatory framework treats security tokens as "Electronically Recorded Transferable Rights," subjecting them to the same compliance standards as traditional securities. This legal clarity has accelerated institutional adoption while maintaining investor protections.