Mirae Asset to tokenize $99B Global X ETFs, launching first product in Hong Kong Q3 2026

Mirae Asset Global Investments, South Korea's largest asset manager, has partnered with Ondo Finance to tokenize its $99 billion Global X ETF lineup. The first tokenized product, a covered-call ETF share class, will launch in Hong Kong in Q3 2026, enabling 24/7 trading and near-instant settlement. This move marks Mirae as the first major Asian firm to bring listed ETFs on-chain, aiming to enhance accessibility and trading efficiency for both retail and institutional investors. Regulatory challenges remain, especially for cross-border distribution, but the initiative signals a significant shift toward blockchain adoption in asset management.