Mirae Asset Joins Ondo Finance to Scale Tokenized Securities Globally

Mirae Asset Global Investments is steering deeper into tokenized securities through a strategic partnership with Ondo Finance, a leader in real-world asset tokenization. The firms signed a memorandum of understanding to co-develop digital asset investment products and craft a comprehensive tokenized finance ecosystem, according to Yonhap Infomax on June 15.

The collaboration targets multiple fronts: tokenizing funds and real-world assets, building on-chain asset management infrastructure, and creating digital investment vehicles aimed at global audiences. While blockchain adoption is now common, Mirae Asset and Ondo Finance want to integrate tokenized assets into an investment ecosystem connected tightly with traditional markets.

Ondo Finance commands more than half of the $1 billion tokenized stock market, per RWA.xyz data, largely thanks to tokenized products backed by U.S. Treasuries. This pairing positions Mirae Asset to leverage Ondo’s market share while pushing tokenized exchange-traded funds (ETFs) forward. Tokenized ETFs replicate traditional ETFs’ assets but offer 24/7 trading and near instantaneous settlement through blockchain networks.

Mirae’s U.S. subsidiary Global X plans to focus on tokenizing U.S.-listed ETFs, aiming to expand tokenization worldwide through Mirae’s overseas network. This aligns with Mirae Asset Group’s broader digital strategy, which has included a collaboration with Ava Labs on on-chain payments begun last year and current talks to acquire South Korean crypto exchange Korbit.

This move indications Mirae Asset’s ambition to build a full digital-asset value chain–from product design and issuance to settlement and distribution–especially with South Korea’s regulatory framework for tokenized securities set to activate next year. Chairman Park Hyeon-joo encapsulated this vision at the recent Mirae Asset Rally 2026 event: “ETFs are the core product engine, while AI and tokenization are the financial infrastructure of the future. An asset manager’s competitiveness ultimately comes from products that capture the future.”

Investors and industry watchers should track regulatory developments in South Korea closely, as their implementation will be pivotal in determining how seamlessly such tokenized products can scale across crypto and traditional finance. Mirae and Ondo’s success will depend on execution amid increasing competition and the evolving global regulatory landscape for tokenized assets.