Mitsui & Co. launches Japan's first land-based RWA security

Mitsui & Co. Digital Asset Management has launched Japan's first digital security product based on a land-backed real-world asset (RWA), Wu Blockchain reported. The product's underlying asset is the land rights for AEON Omiya, a major commercial facility in Japan. The asset is valued at approximately $55.6 million, with a minimum investment of about $647.