Mirae Asset Securities' Hong Kong subsidiary has issued six-month floating-rate tokenized notes on the Solana blockchain to institutional investors, the firm announced on Wednesday, October 28, 2026, according to Cointelegraph. The notes were sold under the firm's $3 billion structured note program, with Singapore-based Marketnode acting as authorized distributor.
The issuance, handled by Mirae Asset Securities (HK) Limited, used the firm's own in-house tokenization infrastructure, Cryptobriefing reported. The notes were offered by private placement only, to eligible professional investors in Hong Kong.
Key facts
• The notes are six-month, USD-denominated floating-rate notes issued under Mirae Asset Securities' $3 billion Guaranteed Structured Note Programme.
• Mirae Asset Securities (HK) Limited was the issuer; Singapore-based Marketnode served as authorized distributor; Cryptobriefing reported that the Solana Foundation provided support.
• Mirae did not disclose the issuance size, coupon rate or benchmark, so the only published figure is the $3 billion program ceiling.
• Cryptobriefing reported that Mirae's January 2026 tokenized issuance relied on external third-party technology, and that the October deal was the first use of its own system by an overseas unit of a South Korean financial firm.
• Finbold reported that Hong Kong-based Grvt subscribed to a separate issuance of Mirae Asset Securities (HK) tokenized funding notes, the two firms said on October 27, 2026.
What changed from the January deal
According to Cryptobriefing, Mirae's earlier tokenized issuance in January 2026 was completed using outside technology providers. The October transaction moved issuance, payments and the notes' lifecycle onto Mirae's internal digital infrastructure, a shift the firm's Hong Kong unit attributed to its growing digital asset operations.
Mirae said the transaction could serve as a template for distributing a wider range of structured products through blockchain channels. The reporting also places the deal within the Hong Kong unit's recent activity: Cryptobriefing noted that Mirae Asset Securities (HK) received a digital asset retail licence from Hong Kong's Securities and Futures Commission in April 2026, and later launched its MAPS app, which combines traditional and digital investment products.
Grvt notes and the wider group
Separately, per Finbold, Mirae Asset Securities (HK) arranged an issuance of tokenized funding notes to which on-chain trading platform Grvt subscribed, as announced on October 27, 2026. The two firms said they would explore tokenized Treasuries, corporate bonds and, over time, ETFs for eligible investors in permitted jurisdictions, subject to regulatory approvals. Finbold reported that Mirae Asset Financial Group oversees more than US$1 trillion in client assets as of September 2026.
The securities firm sits within Mirae Asset Financial Group, whose operations span brokerage, investment banking, asset management and insurance. Cointelegraph reported that affiliate Mirae Asset Consulting acquired a controlling stake in Korean crypto exchange Korbit in July, and that the exchange has since rebranded as Digital X. The group's asset management arm, Mirae Asset Global Investments, runs the Global X and TIGER ETF brands and lists $275 billion in ETF assets under management as of June 2026, describing the business as the world's 12th largest.
Why it matters
South Korean brokerages have been building digital asset operations in Hong Kong, where regulated private placements give them a defined legal route to institutional distribution. For investors, the deal is a live example of a traditional securities firm moving part of its structured product business onto a public blockchain rather than a closed, bank-run ledger. The Solana Foundation's involvement, as reported by Cryptobriefing, indicates the network is courting institutional issuance business. The fact that key terms remain under wraps leaves the deal's commercial scale unknown.
What to watch
Whether Mirae issues further notes from the same $3 billion program using its in-house system, and whether it extends tokenized products to offerings available through MAPS under its Hong Kong retail licence, are the next concrete steps. Further detail on the Grvt collaboration and any regulatory clearance for tokenized ETFs would also fill in the picture.
Originally published on CoinPulseHQ: https://coinpulsehq.com/mirae-asset-tokenized-notes-solana/