Mirae Asset Securities Hong Kong issues $12.5M digital bonds on Solana and Ethereum

The Hong Kong unit of Mirae Asset Securities has issued $12.5 million in US dollar-denominated digital bonds with a six-month maturity and a floating rate. It is the first time an overseas arm of a Korean financial firm has handled the entire issuance cycle — from product planning to settlement and servicing — using its own tokenization system on the Solana and Ethereum networks.

• Issue size is $12.5 million with a six-month maturity and floating rate
• Both Solana and Ethereum public blockchains were used
• The full issuance and servicing cycle ran on in-house technology without outside vendors
• The firm previously issued digital bonds in January using third-party technology