According to BlockBeats, Ondo Finance announced on June 16 a partnership with Mirae Asset, South Korea's largest asset management company, to tokenize the latter's Global X ETF series on its Ondo Global Markets platform. This marks the first major Asian asset management institution to formally bring its existing ETF products on-chain.
Under the agreement, Mirae Asset will become Asia's first asset manager to tokenize its ETF products, with the initial offering covering 10 Global X ETFs across themes including artificial intelligence and technology, blockchain and digital assets, robotics and space innovation, lithium and silver, defense technology, and covered call income strategies.