Mirae Asset targets $108B Digital X on-chain finance push
Mirae Asset Group says its “Mirae Asset 3.0” plan will grow its digital asset business to 150 trillion won (about $108B) and reach profitability in 2027. The firm will use its newly acquired crypto exchange, Digital X, as a core pillar.
At an Aug. 26 internal event, Digital X leadership outlined four target areas: cryptocurrencies, stablecoins, real-world assets (RWAs), and security token offerings (STOs). Mirae Asset expects to scale products across crypto trading via Digital X, while using its existing financial operations and client base to develop stablecoin, RWA and tokenized securities businesses.
The group also framed the strategy as an “on-chain finance” ecosystem, combining digital-native assets and tokenized versions of traditionally regulated assets (including plans to digitize gold, silver and electricity). It did not disclose token structures, blockchain networks, launch dates, or deal sizes.
Regulatory timing is a key dependency. South Korea is preparing the framework for tokenized securities ahead of legal changes taking effect Feb. 4, 2027, with infrastructure work underway (e.g., Samsung SDS building a token securities platform for the Korea Securities Depository). For stablecoins, rules are still being negotiated, including licensing guidance and questions around bank-led issuance.
Implication for traders: the announcement is more about pipeline and regulatory optionality than an immediate token-specific catalyst, but it reinforces a credible South Korea push toward licensed on-chain finance—centered on Digital X.
Neutral
This is a credibility and pipeline update rather than a direct token catalyst. Mirae Asset’s plan uses Digital X to expand into crypto, stablecoins, RWAs and STOs, but the most important upside depends on South Korea’s pending rulemaking (tokenized securities framework and stablecoin issuance rules).
In the short term, traders may see mild sentiment lift for Korea-linked on-chain finance themes, similar to how other large financial groups’ exchange acquisitions or RWA/tokenization pilots usually spark sector interest without immediate measurable effects on major coin prices. However, without specified token launches, networks, or product timelines, near-term impact on liquidity and specific assets is likely limited.
In the long term, if legislation around tokenized securities and stablecoins becomes workable (with exchange/compliance infrastructure ready by the 2027 timeframe), this could increase adoption of on-chain financial products in regulated venues—supportive for the broader market structure. Net-net, the market reaction is more likely gradual than explosive, hence a neutral bias.