Mitsubishi UFJ Morgan Stanley Securities plans to issue digital securities this year

ChainCatcher news, 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 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 leverage Morgan Stanley's overseas network to sell Japanese digital bonds to foreign investors. MUFG also owns 49% of Progmat, which is one of the two main licensed blockchain networks in Japan for issuing digital securities.