Galaxia Moneytree Joins Mirae Asset Securities STWG... "Expanding Tokenized Securities Underlying Assets"

Galaxia Money Tree, a leading domestic STO (Security Token Offering) company, announced on the 26th that it has joined the 'Security Token Working Group (STWG)' organized by Mirae Asset Securities.

Galaxia Money Tree signed an MOU (Memorandum of Understanding) with Mirae Asset Securities yesterday to strengthen cooperation on security tokens. The signing ceremony took place at Galaxia Money Tree's headquarters, attended by Kogwangrim, Head of New Business Division at Galaxia Money Tree, Lee Jusik, Head of STO Business Team, Ryu Jihae, Director of Mirae Asset Securities, and Lee Yongjae, Senior Manager of the Digital Asset TF.

Through this agreement, both companies plan to create business opportunities by exploring the market and utilizing their existing infrastructure based on their core competencies and technologies related to security tokens. In particular, they plan to add various security token products through joint research on diverse underlying assets suitable for security tokens.

Lee Jusik, Head of the STO Business Team at Galaxia Money Tree, stated, “Our company has been signing MOUs for security token issuance with partners specialized in various fields as well as related institutions, covering diverse underlying assets such as renewable energy, racehorses, and aircraft financing. Through this agreement, by joining Mirae Asset Securities’ ST Working Group, we will collaborate in various ways to secure new items.”

Meanwhile, Mirae Asset Securities operates a dual cooperation system with the 'Working Group (STWG)' and the 'Next Finance Initiative (NFI)' to secure a leading position in the security token market and build an ecosystem. The STWG, a practical working group for security tokens, includes various fractional investment companies, blockchain technology firms, and appraisal companies such as Galaxia Money Tree, Ringers Studio, Zcrypto, NICE P&I, and Coinplug.

Recently, K-content production company ‘Genius’ and K-content investment firm Solair Partners have joined. The NFI, an alliance of major platform companies, includes SK Telecom and Hana Financial Group.

This content was produced with the assistance of AI translation services.