Mirae Asset Securities, the largest financial group in South Korea with over $500 billion in assets under management, has partnered with Polygon Labs to advance tokenization in finance and promote the adoption of Web3 technologies. Polygon Labs will act as a technical consultant in The Mirae Asset Security Token Working Group, which aims to establish infrastructure for issuing, exchanging, and distributing tokenized securities.

The group, which includes Linger Studio and Coin Plug, operates independently from Mirae, Hana Financial, and SK Telecom's Next Finance Initiative (NFI). Mirae Asset Securities aims to establish global leadership in the field of tokenized securities through technical collaboration with Polygon Labs.