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Wu Shuo has learned that in Japan, Mitsui & Co. Digital Asset Management has begun raising funds for digital securities backed by the land underlying the large commercial facility “Aeon Omiya.” The company says this is Japan’s first such case of digital securitization of land-rights interests. The land has an appraised value of approximately 8.6 billion yen (about 55.6 million USD), the minimum investment amount is 100,000 yen (about 647 USD), and the expected pre-tax annualized distribution yield is 3.4%. The operating term is about 5 years and 1 month. The product uses the ibet for Fin blockchain infrastructure and is formed through a beneficial securities issuance trust structure. It is classified as a regulated real-estate digital security / RWA product, not a regular open-chain token. (CoinPost)