Singapore, 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, with digital asset platform Grvt subscribing to the notes. The collaboration begins with Grvt's subscription, and the two firms may go on to explore additional tokenised products, including tokenised Treasuries, corporate bonds and ETFs, subject to applicable regulatory requirements. The pairing of an established brokerage with an onchain platform is a snapshot of how tokenisation is moving from pilots into working market structures at traditional financial institutions.

Grvt intends to use the resulting exposure in connection with Grvt Earn, a product that is offered and operated independently by Grvt and is available only to eligible users in permitted jurisdictions. Any use of the resulting exposure in connection with Grvt Earn is independently determined and managed by Grvt.

From Tokenised Funding Notes to Tokenised ETFs

Tokenised funding notes are the starting point. The two firms plan to 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. In issuances of this kind, rights in a security are represented as digital tokens, allowing instruments traditionally distributed through brokerage channels to be held and transferred on blockchain infrastructure — the same mechanics that would underpin tokenised Treasuries, corporate bonds or ETFs.

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. For readers tracking where this goes, the markers to watch are regulatory clearances, product and compliance sign-offs and internal approvals — the prerequisites both firms have attached to anything beyond this initial subscription.

Mirae Asset Financial Group oversees more than US$1 trillion in client assets worldwide as of September 2026.

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 featuring products allowed by the SFC. Taken together, the 2026 sequence shows the firm building capabilities across issuance, trading and distribution of digital assets, with tokenised structured products now added to that stack.

"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."

— Hong Yea, Co-founder and CEO, Grvt

"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. 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."

— Kelly Sohn, Head of Digital Assets, Mirae Asset Securities (HK) Limited

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 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. Learn more 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.

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: FinancePolice