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MUFG Real Estate Tokenization Acquires Osaka Skyscraper in $681 Million Deal
MUFG Real Estate Tokenization Acquires Osaka Skyscraper in $681 Million Deal
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BTCCSquare news:
Mitsubishi UFJ Trust and Banking, a subsidiary of Japan's largest financial group MUFG, has made a landmark MOVE into real estate tokenization with the acquisition of a high-rise office building in Osaka. The $681 million transaction marks one of the largest property deals involving blockchain-based asset tokenization in Asia.
The Osaka skyscraper purchase demonstrates growing institutional confidence in tokenized real estate as a viable asset class. MUFG's foray into this space signals broader acceptance of blockchain technology by traditional finance players, potentially creating new opportunities for cryptocurrency integration in mainstream investment vehicles.
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