South Korea's "Future Asset Securities" plans to spin off its virtual asset business and establish an independent company.

2025-05-29 05:47:04

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According to Deep Tide TechFlow news on May 29, as reported by the Korea Herald, Korea’s Mirae Asset Securities is considering spinning off its digital asset business into an independent company. The internal digital asset solutions team (formerly known as “Digital Asset TF”) may operate independently, primarily responsible for Tokenization of securities (STO) and virtual asset-related businesses.

The拆分计划 originates from the current Capital Market Act in South Korea, which stipulates that financial investment companies are not allowed to engage in businesses outside of financial services, while virtual assets are governed by the Virtual Asset User Protection Act. It is noteworthy that the company has completed its core technology layout in the tokenized securities field, including the independent development of blockchain, token issuance, and circulation mainnet, and is advancing the integration with the Mobile Trading System (MTS).

Future asset securitization is currently in the preliminary review stage of measures such as business expansion and spin-off.

STO-1.36%

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