Mirae Asset Deepens Digital-Asset Push With Ondo, Aims to Put All Products On-Chain at EastPoint: Seoul 2026

Greater utility in countries with weak interbank networks

Fintechs and overseas users to drive broader adoption

Mirae Asset Global Investments is expanding its digital-asset business through a partnership with Ondo Finance, a global real-world asset tokenization platform. Starting with exchange-traded funds, the firm plans to broaden tokenization to a wider range of financial products.

Park Gu-bin, a managing director at Mirae Asset Global Investments, said at EastPoint: Seoul 2026 in Seoul on Sept. 28 that he wants to bring all of Mirae Asset’s products on-chain, even if the goal is ambitious.

Mirae Asset is pursuing financial-product tokenization through Global X, its overseas ETF manager. Fifteen of Global X’s US-listed ETFs have been tokenized through Ondo Finance. Across Ondo’s platform, 27 global ETFs are currently available on-chain. The total could top 30 by year-end if the business expands into Europe.

Park cited a shifting regulatory environment, stronger related infrastructure and rising investor demand as reasons for entering the tokenization business. Regulations in countries around the world have become more supportive than in the past, and infrastructure has matured, he said. Tangible demand from investors seeking tokenized products is also beginning to emerge. Rather than stop at discussion alone, the company decided it needed to build direct experience tokenizing and operating ETFs, he added.

The two companies said broader access is the biggest advantage of tokenized financial products. Their goal is to allow investors to access financial products without time or geographic constraints while preserving the liquidity and settlement stability of traditional financial markets.

Mathieu de Varenne, Ondo Finance’s head of global institutional business, said traditional financial markets have spent decades building deep liquidity and reliable settlement finality. Ondo is trying to connect that liquidity with the accessibility of on-chain markets, he said.

From an asset manager’s perspective, the underlying ETF itself does not change, but the way investors access and use the product does, Park said. Tokenized ETFs can trade around the clock, allow fractional investment and could eventually be combined with other on-chain financial services. Using ETF tokens as collateral or linking them to blockchain-based lending and trading services could create new use cases not available in existing markets, he said.

Mirae Asset is building experience in tokenization in markets where the relevant frameworks are already in place, including the US, Hong Kong and Europe. It is using a wrapper structure that distributes Global X ETFs in token form, Hong Kong’s digital twin model and interval funds managed by its US unit.

The company approached tokenization from a global perspective from the outset, Park said. It is expanding the business by applying experience and know-how accumulated in one market to other regions.

The companies plan to broaden their partnership by combining Mirae Asset’s product-development and asset-management capabilities with Ondo Finance’s tokenization infrastructure and distribution network. Their plans go beyond tokenizing existing ETFs and include jointly developing new structures for on-chain financial products.

Ondo Finance has more than 1 million cumulative users and a distribution network connected to major global exchanges and wallets, de Varenne said. He described the partnership as a first step and said he wants to build new products together going forward.

Mirae Asset manages about $280 billion in assets and has product-structuring capabilities, a custody network and business bases in major markets, Park said. Because neither side can build the market alone, combining the two companies’ strengths is critical, he added.

Cho Mi-hyun / Jin Wook, Bloomingbit reporter