Mirae Asset gives $ 316B muscle to avalanche with new tokenization agreement


TLDR:

  • Mirae Asset handles $ 316B and is now collaborating with Avalanche to get fund tookenization research and pilot projects to life.
  • The collaboration will explore tokenized funds in the United States, Hong Kong and other regulated global financial markets.
  • Ava Labs Blockchain will drive the chain, portfolio tools and institutional integration with partners all over the world.
  • Mirae’s Global X brand and 16-region presence provide a massive network to test tokenized financial products.

An important player in asset management enters finance on the chain. Mirae Asset Global Investments has merged with AVA LABS, the developer of Avalancheto get traditional means to blockchain rails.

The partnership was announced at Korea Blockchain Week and aims to build tokenization frameworks for regulated markets. Both companies believe that the move will connect global capital with faster and more transparent infrastructure. The deal can open a path for institutions to operate tokenized portfolios on a scale.

Mirae Assets press into crypto and tokenized funds

Mirae Asset, who handles $ 316 billion all over the world, signed a consensus agreement with AVA Labs, according to one official announcement. The company operates in 16 global markets, with almost half of its assets abroad. The well-known Global X ETF brand already serves investors in the United States, Asia and Europe.

Through this deal, Mirae aims to tokenize fund products where rules allow, including the United States and Hong Kong. The plan includes research on fractional ownership, faster settlement and new ways to make money more accessible. Pilot programs will test platforms and payments on the chain.

The company said this is part of its broader digital transformation plan. By using Avalanches Fast Layer 1 network, it tries to deliver a scalable structure for tokenized products. This includes connection to Avalanche’s institutional network for distribution and settlement.

Kim Young-Hwan, head of Mirae’s innovation department, said that the goal is to provide new investment experiences for global customers. He stated that tokenization of real assets would place Mirae in front of the competitors in Digital financing.

Avalanche’s role in building the infrastructure

Ava Labs will provide the technology speech to support these tokenized means. The company is known for its high -speed consensus and ability to connect to business systems. The network has been used for state level Stablecoin projects, experiments with JPMorgan and Citi, and Yen -supported Stablecoin Pilots.

The collaboration will also enable Avalanche to expand its presence among traditional financial institutions. John Nahas, Ava Lab’s Business Manager, said tokenization is a worldwide standard, and this deal accelerates adoption.

This partnership is based on Avalanche’s strategy for positioning itself as the choice of blockchain for large -scale financial products. The company has emphasized that its network is ready for workload of institutional class, including regulated settlement and compliance frames.

Both companies see this as a step towards bringing real funding closer to the blockchain infrastructure. If successful, it can lay the foundation for broader tokenized fund offers over global markets.





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