Mirae Asset Securities is teaming up with Ethereum scaling solution Polygon Labs to develop a tokenized securities network and accelerate adopt of Web3 technologies.
Mirae Asset Securities, South Korea's largest financial group with over $500 in assets under management, said Thursday that it is working with Ethereum scaling platform Polygon Labs to advance tokenization within finance and boost adoption of Web3 technologies.
The group includes several other companies, including Linger Studio and Coin Plug, and operates independently from Mirae, Hana Financial and SK Telecom's security token consortium, Next Finance Initiative . Tokenization involves bringing real-world assets, such as real estate, bonds, fine art, and equities, as digital tokens on a blockchain.
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