SINGAPORE, October 27, 2026 (Chainwire) — 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, and onchain trading platform Grvt has subscribed to the notes. The collaboration begins with this subscription, with potential future tokenised products, such as tokenised Treasuries, corporate bonds and ETFs, to be explored, subject to applicable regulatory requirements.

Grvt intends to use the resulting exposure in connection with Grvt Earn, subject to applicable requirements. Grvt Earn is offered and operated independently by Grvt and is available only to eligible users in permitted jurisdictions. The company has subscribed for the notes, and any use of the resulting exposure in connection with Grvt Earn is independently determined and managed by Grvt.

The transaction represents an initial collaboration between the two firms. The parties may explore further opportunities involving tokenised products, subject to applicable legal and regulatory requirements and their respective internal approvals. The two firms also operate within different regulatory perimeters: Mirae Asset Securities (HK) Limited has received approval from the Securities and Futures Commission to offer digital asset trading to retail investors, while Grvt is not licensed or registered with the regulator, and Grvt Earn has not been authorised by it and is not offered to the public in Hong Kong.

From Tokenised Funding Notes to Tokenised ETFs

Tokenised funding notes are the starting point of the partnership. The two firms will next explore additional tokenised products, including Treasuries and ETFs, on a non-committed and exploratory basis, subject to applicable regulatory approvals and product and compliance clearance.

The arrangement brings structured product issuance into an onchain setting — the announcement describes tokenisation as "an important area of development for capital markets." For readers tracking how traditional finance and onchain markets are converging, the markers to watch are procedural: because each prospective product — Treasuries, corporate bonds, ETFs — remains contingent on regulatory approvals and compliance clearance, those milestones will indicate whether the collaboration advances from exploration to further issuance.

Mirae Asset Financial Group oversees more than US$1 trillion in client assets worldwide as of September 2026. The parties intend to explore opportunities involving selected tokenised products, subject to applicable regulatory requirements.

Mirae Asset Securities' Digital Asset Expansion

Mirae Asset Securities has moved quickly to connect traditional finance and digital assets 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 approval from the Securities and Futures Commission ("SFC") to offer digital asset trading to retail investors. In July, it launched MAPS in Hong Kong, a single app for traditional and digital assets with products allowed by the SFC. Viewed together, the sequence shows a stepwise build-out — from digital bonds, to licensed retail trading, to a combined traditional and digital asset app — with the tokenised funding note issuance extending that progression into tokenised structured products.

Hong Yea, Co-founder and CEO of Grvt, said:

"When Korea's leading securities firm explores opportunities in tokenised assets, collaboration with market participants plays an important role. Grvt's subscription to Mirae Asset Securities' tokenised funding notes marks an initial step in this collaboration. Together, we intend to explore opportunities involving tokenised Treasuries, corporate bonds and, over time, ETFs for eligible investors in permitted jurisdictions, subject to applicable regulatory requirements."

The announcement also stated:

"We see tokenisation as an important area of development for capital markets. Grvt's subscription to this tokenised funding note issuance represents an opportunity to explore the use of tokenised securities in new market structures. We look forward to exploring further opportunities."

Kelly Sohn, Head of Digital Assets at Mirae Asset Securities (HK) Limited, said:

"This issuance marks a step forward in our digital asset strategy, bringing our structured product capabilities into tokenised markets. We look forward to exploring further opportunities with Grvt, subject to applicable regulatory requirements and internal approvals."

About Grvt

Grvt is an onchain platform, live since 2024. Users trade, invest, and earn from a single account that only their own key can move. Grvt has served more than 198,000 wallets and reached a peak of US$109 million in total value locked on March 22, 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. Additional information is available at grvt.io.

About Mirae Asset Securities (HK) Limited

Mirae Asset Securities (HK) Limited (SFC CE No.: BJB333) is a member of the Mirae Asset Financial Group. Its parent company, Mirae Asset Securities Co., is one of the largest securities firms in South Korea. Established in Hong Kong, Mirae Asset Securities (HK) Limited serves as an important platform for connecting clients to global markets, supported by Mirae Asset's international network, investment expertise, and long-standing commitment to innovation. Further details are published at am.miraeasset.com.hk.

Disclaimer

This announcement is for information only and does not constitute an offer or solicitation to buy or sell any securities, virtual assets or other products. Grvt is not licensed or registered with the Securities and Futures Commission, and Grvt Earn has not been authorised by the SFC and is not offered to the public in Hong Kong. Grvt Earn is independently offered and operated by Grvt; its availability depends on jurisdiction and eligibility, and yields are variable and not guaranteed. Mirae Asset Securities (HK) Limited and its affiliates do not operate, distribute or recommend Grvt Earn and are not responsible for its operation, availability, performance or returns. Information about Grvt and Grvt Earn has been provided by Grvt and has not been independently verified by Mirae Asset Securities (HK) Limited or its affiliates.

Media Contact: Lesner Chua, GRVT ASIA PTE. LTD, lesner.chua@grvt.io

Source: Metaverse Post, announcement distributed via Chainwire.