Mirae Asset Securities issues tokenized notes on Solana to investors

One of South Korea’s largest securities firms has put a slice of its debt business on Solana. Mirae Asset Securities’ Hong Kong arm has issued tokenized notes on the blockchain to institutional investors.

The deal involved six-month, USD-denominated floating-rate notes. They were issued under the firm’s $3 billion structured note program, with the announcement landing on Wednesday, October 28, 2026.

This is not a pilot built on a borrowed stack. Mirae ran the issuance on its own in-house tokenization infrastructure.

What Mirae actually issued

The notes sit under Mirae Asset Securities’ Guaranteed Structured Note Programme, which totals $3 billion. A program like this works as a pre-approved shelf. The firm can pull individual issues off it without starting the paperwork from scratch each time.

Access is tightly restricted. The notes were offered only through private placement to eligible professional investors in Hong Kong, in line with local rules.

Three parties shaped the transaction:

• Mirae Asset Securities (HK) Limited served as issuer.
• Marketnode, based in Singapore, acted as the authorized distributor.
• The Solana Foundation provided support.

Mirae did not disclose the issuance size, the coupon rate or the benchmark the notes float against. So the headline figure remains the $3 billion program ceiling, not the amount actually raised in this round.

From outsourced tech to an in-house build

This is not Mirae’s first tokenized issuance. A previous deal in January 2026 relied on external third-party technology to get the job done.

The October issuance swapped that arrangement for proprietary infrastructure. It marks the first use of Mirae’s own tokenization system by an overseas unit of a South Korean financial firm.

The move also fits a broader pattern at Mirae’s Hong Kong operation. The unit recently announced a separate funding note issuance linked to Grvt, an on-chain trading platform.

Earlier, in April, the firm secured a digital asset retail license from Hong Kong’s Securities and Futures Commission. It followed that by launching its MAPS app, which combines traditional and digital investment products on a single platform.

Why Solana, and why Hong Kong

The Solana Foundation’s involvement signals the network is actively courting this kind of institutional business. Hong Kong offers a regulated venue where firms like Mirae can test these products with professional investors. The private placement structure keeps the deal inside a well-defined legal box.

Marketnode’s role as distributor adds a Singapore link to the chain. The transaction effectively spans a Korean parent, a Hong Kong issuer and a Singapore distributor, all settling on a public blockchain.

What this means for institutions and the tokenization race

There are clear limits to keep in view. The notes are restricted to eligible professional investors in Hong Kong. Key terms, including size and coupon, remain undisclosed.

The things worth watching next are fairly concrete. Will Mirae issue further notes from the same $3 billion program using its in-house system? Will it expand tokenized offerings to products available through MAPS under its retail license?