Ondo collaborates with Mirae Asset to tokenize its Global X ETF product line

Odaily News, Ondo Finance announced the signing of a Memorandum of Understanding (MOU) with Korean asset management giant Mirae Asset. The two parties will tokenize Mirae Asset's Global X ETF product line via the tokenized securities platform Ondo Global Markets.

According to the agreement, the collaboration will initially begin with Global X's US-listed ETF products, and subsequently expand to fund products listed in Europe, Hong Kong, Japan, Canada, and Australia. Mirae Asset will continue to act as the underlying ETF asset manager, while Ondo will be responsible for providing tokenization infrastructure and on-chain distribution services.