PANews reported on August 14 that according to Ledger Insight, Mitsubishi UFJ Financial Group's Japanese joint venture Mitsubishi UFJ Morgan Stanley Securities (MUFG MSS) plans to issue digital securities this year. Currently, real estate-backed security tokens currently account for about 80% of the Japanese market, while Mitsubishi UFJ Morgan Stanley Securities focuses on digital bonds. In the future, the company hopes to use Morgan Stanley's overseas network to sell Japanese digital bonds to foreign investors. MUFG also owns a 49% stake in Progmat, one of Japan's two main licensed blockchain networks for issuing digital securities.
