Mirae Asset Securities and Grvt Collaborate on Tokenised Funding Note Issuance

Mirae Asset Securities (HK) Limited has initiated a strategic collaboration with the onchain platform Grvt through the issuance and subscription of tokenised funding notes. This transaction marks a significant step in Mirae Asset's digital asset strategy, which aims to integrate traditional structured product capabilities into tokenized markets. The firms intend to explore future opportunities involving tokenized U.S. Treasuries, corporate bonds, and ETFs, subject to regulatory approvals. Mirae Asset Securities, a subsidiary of the South Korean financial giant managing over US$1 trillion in assets, has been actively expanding its digital footprint in Hong Kong, including receiving SFC approval for retail digital asset trading. Grvt, which has served over 198,000 wallets and reached a peak TVL of US$109 million, plans to utilize the exposure from these notes for its Grvt Earn product. This partnership highlights the growing trend of established financial institutions leveraging blockchain technology to modernize capital market structures. By bridging traditional securities expertise with onchain infrastructure, the collaboration seeks to expand the range of tokenized investment products available to eligible investors.