Mirae Asset Securities and Grvt Partner on Tokenized Funding Note Issuance

Mirae Asset Securities (HK) Limited has collaborated with onchain platform Grvt on the issuance of tokenized funding notes, signaling a deeper integration of traditional financial products with digital asset technology. Grvt, an onchain platform, has subscribed to the notes, which were arranged by Mirae Asset under its affiliate's structured notes program.

Details of the Transaction

The collaboration represents an initial step for the two firms in the tokenized asset space. According to the announcement, Grvt intends to use the exposure from the notes in connection with its Grvt Earn product, which is offered independently and subject to its own eligibility requirements.

This first transaction focuses on tokenized funding notes, but the companies plan to explore a wider range of products. On a non-committed basis, they will look into developing other tokenized securities, such as U.S. Treasuries, corporate bonds, and exchange-traded funds (ETFs), pending all necessary regulatory approvals and compliance reviews.

Strategic Implications

For Mirae Asset, this move aligns with a broader corporate strategy to bridge traditional finance with digital asset markets. "This issuance marks a step forward in our digital asset strategy, bringing our structured product capabilities into tokenised markets," said Kelly Sohn, Head of Digital Assets at Mirae Asset Securities (HK) Limited.

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The partnership also provides a pathway for digital-native platforms like Grvt to access traditional financial instruments in a tokenized format. "Grvt’s subscription to Mirae Asset Securities’ tokenised funding notes marks an initial step in this collaboration," stated Hong Yea, Co-founder and CEO of Grvt. He added that the firms intend to explore further opportunities for eligible investors in permitted jurisdictions.

Context: Mirae's Digital Asset Expansion

Mirae Asset Securities, whose parent group Mirae Asset Financial Group oversees more than US$1 trillion in client assets, has been actively expanding its digital asset capabilities in 2026. Key milestones include:

• January: Became the first Korean securities firm to issue digital bonds in Hong Kong.
• April: Its Hong Kong subsidiary received approval from the Securities and Futures Commission (SFC) to offer digital asset trading to retail investors.
• July: Launched MAPS, a single application in Hong Kong for trading both traditional and digital assets permitted by the SFC.