Mitsui & Co. Japan’s digital asset management unit has begun fundraising for digital securities backed by land rights held by the large commercial facility “Aeon Omiya.” The company says this is Japan’s first case of digital securitization of land-interest rights of this kind. The land’s assessed value is approximately 86 billion yen (about $55.6 million), the minimum investment amount is 100,000 yen (about $647), 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 composed through a trust structure for the issuance of beneficiary securities; it is a regulated real estate digital security / RWA product, not a regular open public-chain token. (CoinPost)