Mirae Asset Securities (HK) Limited, the Hong Kong subsidiary of Korea’s leading securities firm, has arranged an issuance of tokenised funding notes under its affiliate’s structured notes programme, to which onchain platform Grvt has subscribed. The collaboration was announced on October 27, 2026, in Singapore, and marks the starting point for potential future tokenised products, including tokenised Treasuries, corporate bonds and ETFs, subject to applicable regulatory requirements.
Grvt intends to use the resulting exposure in connection with Grvt Earn, its yield product offered independently only to eligible users in permitted jurisdictions. Mirae Asset Financial Group oversees more than US$1 trillion in client assets worldwide as of September 2026. The firms plan to explore additional tokenised products on a non-committed and exploratory basis, subject to regulatory approvals and internal compliance clearance.
Mirae Asset Securities has accelerated its digital asset expansion in 2026. In January, it became the first Korean securities firm to issue digital bonds in Hong Kong. In April, Mirae Asset Securities (HK) Limited became the first Korean-owned brokerage to receive Securities and Futures Commission approval to offer digital asset trading to retail investors. In July, it launched MAPS in Hong Kong, a single app for traditional and digital assets.
Grvt co-founder and CEO Hong Yea said the subscription marks an initial step in exploring opportunities involving tokenised Treasuries, corporate bonds and ETFs. Kelly Sohn, Head of Digital Assets at Mirae Asset Securities (HK) Limited, said the issuance brings the firm’s structured product capabilities into tokenised markets. Grvt is an onchain platform live since 2024, serving more than 198,000 wallets and reaching a peak of US$109 million in total value locked on 22 March 2026. It is backed by ZKsync, Further Ventures, 500 Global and Hack VC, and works with ecosystem partners including Ondo Finance, Aave, Morpho, Plume and OpenEden.
