Mirae Asset Securities Becomes First Korean Firm to Enter Hong Kong Digital Asset Retail Market

Hong Kong Mobile Trading System (MTS) Set to Launch in June

Mirae Asset Securities Becomes First Korean Firm to Enter Hong Kong Digital Asset Retail Market 원본보기 아이콘

Mirae Asset Securities announced on April 15 that its Hong Kong subsidiary has become the first among Korean securities companies to receive final approval for the "Digital Asset Retail License" (VA License Uplift) from the Hong Kong Securities and Futures Commission (SFC).


The Hong Kong subsidiary of Mirae Asset Securities plans to officially launch a digital asset trading service for individual investors in Hong Kong by opening its Mobile Trading System (MTS) in June.


The company will provide an integrated investment environment encompassing both traditional assets such as stocks and bonds and digital assets, while also offering a service that allows customers in Hong Kong to invest in the Korean stock market.


Starting with this Hong Kong business, Mirae Asset Securities aims to expand its digital asset business to major global financial markets such as the United States and Singapore, strengthening its platform competitiveness for global retail investors.


Junyeob Sung, CEO of Mirae Asset Securities Hong Kong, stated, "With the acquisition of this license, we have established a new investment ecosystem that organically connects traditional assets and digital assets." He added, "Going forward, we plan to develop our mobile platform into a comprehensive platform that integrates real-world assets (RWA) and tokenization-based digital assets."


CEO Sung further commented, "In the mid-to-long term, we will continue to expand the 'Web3' financial ecosystem, while also broadening our digital asset business model in the Chinese market."

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