South Korea's Mirae Asset Securities plans to launch tokenized products in Q1 2027.

October 19 - According to Digital Asset, Mirae Asset Securities of South Korea is evaluating private money market funds (MMFs) and private bonds for institutional investors, and plans to launch its first batch of tokenized financial products in the first quarter of 2027.

Mirae Asset Securities plans to launch the related products in the first quarter of 2027, with an initial focus expected to be on private money market funds and private bonds offered exclusively to institutional investors.

The money market funds under evaluation by Mirae Asset Securities primarily invest in short-term financial instruments. Unlike funds publicly offered to a broad range of investors, private money market funds raise capital only from a limited scope of investors.