#GlobalX
4 articles tagged #GlobalX — curated RWA tokenization coverage.
Citi expands servicing role as Global X ETFs adds tokenised class
Citi has expanded its long-standing relationship with Global X ETFs to provide comprehensive transfer agency services for the firm's newly launched tokenized share class. This development marks a significant integration of traditional institutional custody infrastructure with blockchain-based fund distribution. By leveraging Citi’s established servicing capabilities, Global X aims to streamline the operational complexities associated with managing tokenized assets for institutional investors. The move underscores a growing trend where major global custodians are adapting their legacy systems to support the lifecycle of on-chain financial products. This partnership highlights the increasing demand for regulated, institutional-grade support for tokenized investment vehicles in the ETF space. As traditional financial institutions continue to bridge the gap between conventional markets and distributed ledger technology, such collaborations serve as a blueprint for future fund tokenization. The expansion of Citi’s role demonstrates that institutional trust and regulatory compliance remain the primary drivers for the mainstream adoption of tokenized real-world assets.
Global X ETFs, Citi and OSL Launch Hong Kong's First Tokenized Covered Call ETF
Mirae Asset Global Investments (Hong Kong) has launched a tokenized unit class for its Global X HSCEI Covered Call Active ETF, marking the first such product in the Hong Kong market. This initiative, executed in collaboration with Citi and OSL Group, allows investors to hold fund units on a blockchain network to improve operational efficiency and transparency. Citi provides trustee, custody, and transfer agency services, while OSL utilizes its Tokenworks platform to manage the tokenization process under the oversight of the Securities and Futures Commission. The ETF, which references the Hang Seng China Enterprises Index, aims to provide monthly income distributions to both institutional and retail investors. By moving from strategy innovation to infrastructure innovation, the project aligns with the Hong Kong government's policy to foster digital asset development. This launch demonstrates how traditional financial institutions are integrating blockchain technology to streamline fund administration and settlement processes. The move signifies a broader trend of institutional adoption of tokenization to enhance the accessibility and management of regulated investment products.
Product roundup: Global X’s new ETF seeks to capitalize on growth of tokenized finance
Global X ETFs has launched the Global X Tokenized Securities ETF, trading under the ticker BTOK, to provide investors with exposure to the burgeoning tokenized finance sector. The fund tracks the Solactive Tokenized Securities Index, which includes companies involved in blockchain-based financial infrastructure, tokenization platforms, and digital asset custody. By focusing on the underlying technology providers rather than direct token holdings, the ETF offers a regulated vehicle for institutional and retail investors to participate in the RWA ecosystem. This launch signifies a growing trend of traditional asset managers creating bridge products that connect legacy financial markets with decentralized ledger technology. As tokenization gains traction for assets like real estate and government bonds, the demand for infrastructure providers is expected to scale significantly. The inclusion of firms like Coinbase, Galaxy Digital, and various financial technology providers in the index highlights the diverse nature of the tokenization value chain. This development marks a critical step in the mainstream adoption of RWA-related equities within traditional brokerage accounts.
$721B Mirae Asset Taps Ondo Finance to Tokenize Global X ETFs
South Korea’s largest asset manager, Mirae Asset Global Investments, has signed a memorandum of understanding with Ondo Finance to tokenize its Global X ETF lineup. Overseeing $721 billion in assets, Mirae plans to utilize Ondo Global Markets to bring its funds on-chain, starting with a tokenized share class of the Global X HSCEI Covered Call Active ETF in Q3 2026. Unlike previous third-party wrappers, this partnership involves the original issuer directly, marking a significant shift toward institutional-led tokenization. The tokens will represent fully backed beneficial interests in the underlying ETFs, allowing for 24/5 minting and redemption alongside 24/7 peer-to-peer trading. By leveraging Ondo’s regulated infrastructure, Mirae aims to expand its distribution to wallet-native investors while navigating complex regional regulatory environments. This collaboration follows similar moves by major firms like Franklin Templeton and signals that traditional Asian institutions are increasingly adopting tokenization as a core distribution channel. The deal establishes a new precedent for the region, positioning Ondo as a primary issuance backbone for global asset managers.