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1h ago · CoinTelegraph

Mirae Asset Securities issues tokenized notes on Solana

The company’s Hong Kong unit issued six-month notes under its $3 billion program, extending blockchain-based distribution to institutional investors. The Hong Kong arm of Mirae Asset Securities, one of South Korea’s largest securities firms, has issued tokenized notes on Solana to institutional investors. The transaction involved six-month floating-rate notes issued under the firm’s $3 billion structured note program, according to Wednesday’s >announcement. Singapore-based digital market infrastructure operator Marketnode acted as an authorized distributor. Mirae Asset Securities managed token issuance, payments and the notes’ lifecycle using its internal digital infrastructure. The company said the transaction could provide a model for distributing a wider range of structured products through blockchain-based channels. The securities firm is part of South Korea’s Mirae Asset Financial Group, whose businesses span brokerage, investment banking, asset management and insurance. The group has been expanding into digital assets, with affiliate Mirae Asset Consulting acquiring a controlling stake in crypto exchange Korbit in July, which has since rebranded to Digital X. The group’s asset management arm, Mirae Asset Global Investments, operates the Global X and TIGER exchange-traded fund brands. Its website >lists $275 billion in ETF assets under management as of June 2026 and describes its ETF business as the world’s 12th-largest. Related: Hong Kong names Nasdaq-listed Solana Company a strategic enterprise

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AI Analysis:

🦊 Nova's Take Mirae Asset Securities' Hong Kong unit has issued six-month tokenized floating-rate notes on Solana, marking another step in bringing traditional structured products onto public blockchains. The fact that a major Korean securities firm chose Solana over Ethereum for institutional distribution signals growing confidence in its speed and low-cost settlement. 📊 Market Impact This is a quiet but meaningful validation for Solana's institutional narrative, reinforcing its role as a settlement layer for real-world assets rather than just retail speculation. Short-term price impact is likely minimal, but it adds to the cumulative bullish thesis for SOL as institutional adoption deepens through 2026. 💡 Trading Advice Treat this as a slow-burn fundamental positive for SOL rather than a tradeable catalyst — it supports the longer-term thesis but won't move price on its own. Keep an eye on whether other large Asian securities firms follow suit, as a cluster of similar announcements would be the real signal worth positioning around. Always size positions with risk control in mind. 📈

Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.

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