BlockBeats News, on July 27, Japan's MUFG Bank's trust department, Mitsubishi UFJ Trust Bank, acquired a high-rise building in Osaka for over 100 billion yen (approximately 681 million USD), planning to convert it into digital securities and sell tokenized real estate products to retail and institutional investors. The product will be sold to life insurance companies in the form of private real estate investment trusts (REITs) on the institutional side.