Free Webinar on July 30: How Tax Reforms Are Changing Security Token Issuance – Experts from MUFG Trust and PwC Decode the Current State of the Rapidly Expanding Digital Securities Market

N.Avenue Inc. (Headquarters: Tokyo; President and CEO: Yuki Kōmoto), operator of the Web3 and digital asset media 'NADA NEWS', will host a free online webinar titled 'What Has Changed for Security Tokens with Tax Reform? – Accounting and Tax Experts Decode the Current State of Beneficiary Certificate Issuance Trusts' on Thursday, July 30, 2026, starting at 17:00.

This webinar will feature guest speakers from Mitsubishi UFJ Trust Bank, a key player in legal and tax reforms, and certified public accountants and tax accountants from PwC, who will provide concrete explanations on the latest trends in security tokens (STs, digital securities) and key accounting and tax considerations in issuance practices.

Event details and registration: [Link]

Background: A New Phase for the Rapidly Growing ST Market and Tax Reform

The security token (ST) market is entering a new phase, expanding beyond its traditional focus on real estate-backed STs. In FY2025, public issuance reached ¥165 billion in a single year, with cumulative issuance surpassing ¥330 billion—nearly double the previous year’s total.

For corporations, STs are gaining attention as a new digital fundraising tool, with approximately 80% currently consisting of trust-type STs backed by real estate.

Recent tax reforms, new National Tax Agency guidelines, and updated accounting standards are driving significant improvements in issuance efficiency and asset diversification. This webinar will help businesses understand what they can do now and what they should pay attention to, with insights from industry leaders.

Key Highlights of the Webinar

Real-World Impact of Tax Reforms Mr. Takuto Yamada from MUFG Trust Bank, who has been involved in policy design and negotiations at the forefront of industry developments, will explain the practical implications of tax reforms.

Clarifying What Is Possible and Not Possible from Accounting and Tax Experts Certified public accountants and tax accountants from PwC, who have been involved since the first ST issuance, will present specific frameworks and resolve practical questions.

New Business Opportunities in the B2B Sector The webinar will deliver actionable insights for executives and finance professionals at companies considering ST issuance or digital fundraising.

Who Should Attend

- Executives and finance personnel at corporations actively considering ST issuance or digital fundraising - Issuers and operational leaders exploring new ST-based frameworks or business expansions in the B2B space - Accounting and tax professionals interested in the digital asset sector

Event Overview

Date and Time: Thursday, July 30, 2026, 17:00–18:35 Venue: Online (Zoom Webinar) Fee: Free Target Audience: B2B issuers and operational leaders considering ST issuance Organizer: NADA NEWS (N.Avenue Inc.) Sponsor: Mitsubishi UFJ Trust Bank, Ltd.

Program (Tentative)

17:00–17:05 (5 min) | Opening and Speaker Introductions 17:05–18:05 (60 min) | Special Panel Session Theme: Overview of Tax Reforms and Their Impact on Issuance Practices / Key Considerations for Issuers Speakers: - Takuto Yamada, Senior Research Officer, Digital Asset Division, Frontier Business Development Department, Mitsubishi UFJ Trust Bank, Ltd. - Hideto Ōta, Partner, PwC Japan LLC - Akemi Kitō, Managing Director, PwC Tax Co. Moderator: Yuki Kōmoto, President and CEO, NADA NEWS / N.Avenue Inc. 18:05–18:20 (15 min) | Q&A Session 18:20–18:28 (8 min) | Special Presentation and Closing by Mr. Takuto Yamada 18:28–18:35 (5 min) | Announcements (Survey, etc.)

Speakers (Tentative)

Takuto Yamada, Senior Research Officer, Digital Asset Division, Frontier Business Development Department, Mitsubishi UFJ Trust Bank, Ltd.

After working at a securities firm and a consulting firm, joined Mitsubishi UFJ Trust Bank in 2023. Primarily responsible for accounting and tax issues related to digital asset businesses such as security tokens, stablecoins, and crypto-asset-related ventures. Also involved in proposing and negotiating policy designs, including tax reforms.

Hideto Ōta, Partner, PwC Japan LLC

Certified Public Accountant. Specializes in real asset sectors including real estate, infrastructure, PE/VC. Has been involved in ST projects since the first issuance and currently audits multiple ST offerings. Broad experience includes J-REITs, private equity funds, internal audit, risk management, overseas investment advisory, and digital tokenization support.

Akemi Kitō, Managing Director, PwC Tax Co.

Certified Public Accountant and Tax Accountant. Has provided tax consulting on fund formation, investment structuring, and financing transactions since the early stages of investment funds. Involved in the establishment of numerous PE/VC funds and J-REITs. Has supported ST projects since the first issuance, providing tax-focused commercialization support.

MC: Yuki Kōmoto, President and CEO, NADA NEWS / N.Avenue Inc.

Joined Yahoo Japan Corporation (now Z Holdings Corporation) in 2013. Worked on media development for Yahoo! News, then engaged in blockchain research and business development at Z Corporation, the group’s investment fund. In 2018, led the launch of N.Avenue, a media company focused on next-generation finance, and currently serves as President and CEO.

How to Participate

Please register via the link below (Free, Online)

Event Details and Registration: [Link]

About the Organizing Company

Company Name: N.Avenue Inc.

Headquarters: Minato-ku, Tokyo

Founded: November 28, 2018

Representative: Yuki Kōmoto

Business: Provision of information services related to next-generation finance and economics

URL: https://navenue.jp/

About 'NADA NEWS'

NADA NEWS is Japan’s largest media platform dedicated to Web3 and digital assets. Originally launched in 2019 as CoinDesk JAPAN, the official Japanese edition of the global media CoinDesk, it was rebranded in late 2025. Through accurate and neutral reporting based on global networks and original editorial investigations, NADA NEWS has established itself as a trusted source for investors and business professionals shaping the future.

URL: https://www.nadanews.com/