Ondo: Partnered with Korea's largest asset management company Mirae Asset to promote tokenization of Global X ETF product line

Odaily reported that Ondo Finance announced on X platform that it has partnered with Mirae Asset, South Korea's largest asset management company, to tokenize its Global X ETF product line through the Ondo Global Markets platform.

Ondo stated that Mirae Asset will become the first asset management company in Asia to bring its existing ETF product line on-chain, with the first batch covering 10 Global X ETFs across sectors such as artificial intelligence and technology, blockchain and digital assets, robotics and space innovation, lithium and silver, defense technology, and covered call option yield strategies.

Ondo believes that the asset management industry is becoming one of the key directions for financial tokenization transformation. The next generation of capital market infrastructure is being built on-chain, and traditional institutions that defined the previous financial system are beginning to embrace this trend.