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.
Polygon Labs will be a technical consultant in The Mirae Asset Security Token Working Group, which is working to create infrastructure to issue, exchange, and distribute tokenized securities, the asset manager said in the press release shared with CoinDesk.
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 (NFI).
Trending: 37-Year-Old Pilot Reportedly Passes Away On a Layover
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!