Crosscheck, a company specializing in Security Token Offering (STO), announced on the 23rd that it has signed a Memorandum of Understanding (MOU) with Mirae Asset Securities.


Crosscheck and Mirae Asset Securities have agreed to collaborate on joint projects in the field of security tokens.


Se-yong Oh, CEO of Crosscheck, said, "We are pleased that this MOU with Mirae Asset Securities will create great synergy in the security token market."


Crosscheck is an STO-specialized company currently engaged in security token consulting. The STO integrated platform currently operated by Crosscheck, STIIM, not only displays security token information but also supports issuance details and location information of the underlying assets.


This model differentiates itself from existing STO platforms that provide various investment indicators for investors. Additionally, Crosscheck continuously publishes B.Launch, a publication on domestic and international STO laws, issues, systems, and regulations, in line with investor protection goals and the growth of the security token market.


Mirae Asset Securities is rapidly expanding its market presence through a two-track strategy involving the security token consortium "Next Finance Initiative (NFI)" and the working group alliance "ST Working Group (STWG)."


Mirae Asset Securities has stated that only a few platforms will be chosen by investors in the security token market, and considering global expansion, it plans to continue cooperating with the industry leader with strong credibility.



Meanwhile, companies that have signed MOUs with Mirae Asset Securities related to the security token business include ▲Ringer Studio ▲Yeolmae Company ▲Korea Land Trust ▲HJ Heavy Industries & Korea Land Trust (shipbuilding and construction) ▲Pingo Company (music rights fractional investment) ▲SK Telecom (ICT) ▲Seoul Auction Blue (art fractional investment) ▲ValueMap (PropTech), among others.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing