Mirae Asset Securities Targets Q1 2027 for Tokenized Product Debut

Mirae Asset Securities aims to bring its first tokenized financial products to market in the first quarter of 2027, beginning with private money-market funds and private bonds for institutional investors.

The funds would invest mainly in short-term financial instruments and be offered to selected investors. The private bonds would also be issued to a limited investor group.

Tokenization represents rights to traditional financial products as digital tokens. Ownership and transaction records can then be maintained on a blockchain.

The company has not set an exact launch date or finalized the product lineup. It also has yet to determine how the tokens will be issued and distributed.