Key facts
- Mirae Asset Securities issued tokenized notes on Solana.
- The notes are six-month floating-rate notes.
- The issuance is under a $3 billion structured note program.
- Marketnode acted as an authorized distributor.
- Mirae Asset managed the token issuance, payments, and lifecycle internally.
Mirae Asset Securities' Hong Kong unit has issued six-month tokenized floating-rate notes on the Solana blockchain for institutional investors. The transaction, announced Wednesday, was conducted under the firm's $3 billion structured note program. Singapore-based Marketnode served as the authorized distributor, while Mirae Asset utilized its internal digital infrastructure for the issuance, payments, and lifecycle management of the notes. The company views this as a potential model for distributing a broader range of structured products through blockchain channels. Mirae Asset Financial Group, the parent company, has been increasing its involvement in digital assets, including an affiliate's acquisition of crypto exchange Korbit, now Digital X.