Mirae Asset Securities is South Korea's largest brokerage and the domestic securities firm furthest along on tokenised securities, positioned to move quickly once the Capital Markets Act and Electronic Securities Act amendments passed 15 January 2026 take effect in January 2027. A joint token-securities mainnet built with Hana Financial Group and SK Telecom completed development in late 2024; the firm issued Asia's first cross-border digital bond by a financial institution (100bn won, with Hong Kong dollar- and US dollar-denominated tranches); and it is the sole South Korean financial company represented in the DTCC's tokenisation working group.
What it is
Mirae Asset Securities is the securities arm of the Mirae Asset Financial Group, South Korea's largest brokerage by assets. Its digital-asset positioning spans both the STO side (the tokenised-securities mainnet, the digital bond issuance) and the exchange side, having agreed to acquire crypto exchange Korbit for roughly USD 92 million, giving the group a foothold across both regulated tokenised securities and crypto-asset trading infrastructure.
Relevance to tokenisation
Mirae Asset is the clearest South Korean example of a securities firm building tokenisation infrastructure ahead of the statutory framework taking effect, rather than waiting for the January 2027 commencement date to start. The DTCC working group membership and the cross-border digital bond both signal an international rather than purely domestic ambition for the firm's tokenised-securities capability. See South Korea for the jurisdiction-level statutory context.
Related
- South Korea for the tokenised-securities statutory wedge this firm is positioned inside.
- Hana Financial Group for the joint token-securities mainnet partner.