Mirae Asset Joins 'Tokenization Working Group' Led by Largest U.S. Securities Depository

Mirae Asset Securities' U.S. Subsidiary Joins "Tokenization Working Group"

Mirae Asset Securities announced on May 8 that its U.S. subsidiary will participate in the "Tokenization Working Group" led by DTCC (Depository Trust & Clearing Corporation), the largest securities depository and clearing organization in the United States.

DTCC is taking the lead in discussions on building and standardizing tokenization-based securities market infrastructure in collaboration with global financial firms.

The working group includes major global financial institutions such as JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock, Citigroup, UBS, and the New York Stock Exchange (NYSE), as well as key players in the digital asset market.

A Mirae Asset Securities representative stated, "During the selection process, Mirae Asset Securities was highly evaluated for its transaction experience and market presence accumulated within the U.S. DTCC clearing infrastructure, as well as its established market credibility and proven execution capabilities gained through ongoing participation in the digital asset and tokenization sectors."

Mirae Asset Securities' U.S. subsidiary plans to discuss core issues such as the operational structure of tokenized securities based on real-world assets (RWA) like U.S. Treasury bonds and stocks, investor protection systems, and settlement and custody infrastructure with other major global financial institutions within the working group.

Drawing on practical experience across the entire trading, clearing, and post-trade processes, the company intends to present actionable directions and perspectives for application in real market environments and provide substantial insights into key elements of next-generation market structures, including liquidity management, collateral mobility, and capital efficiency.

A company official emphasized, "This participation is significant as it allows us to respond proactively to the rapidly evolving tokenization infrastructure and market structure, and to actively engage in discussions on forming digital asset infrastructure and global standards within the regulated U.S. securities market."

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