Mirae Asset Securities and New York-based blockchain agency Polygon Labs be a part of forces to pioneer tokenized securities in Korea and worldwide. This strategic collaboration leverages Polygon’s superior Ethereum scaling resolution and solidifies Mirae Asset’s position in international digital asset innovation.
Polygon Labs, identified for its experience in constructing blockchain scaling infrastructure, has developed Polygon, a layer-2 Ethereum scaling resolution that considerably improves transaction effectivity on the Ethereum community.
Polygon Labs will be a technical adviser for the Mirae Asset Safety Token Working Group as a part of the collaboration. Mirae Asset joins the ranks of asset managers leveraging Polygon’s platform to provide tokenized securities.
Tokenization, changing tangible property into digital tokens on a blockchain, is gaining momentum globally. Notable companies akin to Franklin Templeton and Hamilton Lane have already initiated tokenized initiatives on Polygon.
The partnership with Polygon Labs permits Mirae Asset to place itself as a world chief in tokenized securities. Ahn In-sung, head of Mirae Asset’s digital property division, expressed optimism in regards to the collaboration, stating, “By way of technical collaboration with Polygon Labs, Mirae Asset Securities goals to set up international management in tokenized securities.”
The Mirae Asset Safety Token Working Group, which incorporates corporations like Linger Studio and Coin Plug, will function independently from the Subsequent Finance Initiative (NFI), one other consortium targeted on safety tokens consisting of Mirae Asset, Hana Monetary Group, and SK Telecom Co.
The collaboration between Mirae Asset Securities and Polygon Labs marks a big milestone in adopting blockchain expertise within the monetary business. With the technical experience of Polygon Labs and the monetary prowess of Mirae Asset Securities, the partnership is predicted to facilitate higher accessibility and effectivity for market members.
As tokenization continues to achieve traction, the worldwide ecosystem for digital property is present process a transformative shift, opening up new prospects for buyers and companies alike. The partnership between Mirae Asset Securities and Polygon Labs indicators a dedication to driving innovation and changing into leaders within the tokenized securities house.
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