TLDR:
- Mirae Asset manages $316B and now partners with Avalanche to bring fund tokenization research and pilot projects to life.
- The collaboration will explore tokenized funds in the U.S., Hong Kong, and other regulated global financial markets.
- Ava Labs’ blockchain will power on-chain settlement, portfolio tools, and institutional integration with partners worldwide.
- Mirae’s Global X brand and 16-region presence provide a massive network to test tokenized financial products.
A major player in asset management is stepping into on-chain finance. Mirae Asset Global Investments has joined forces with Ava Labs, the developer of Avalanche, to bring traditional funds onto blockchain rails.
The partnership was announced at Korea Blockchain Week and is aimed at building tokenization frameworks for regulated markets. Both firms believe the move will connect global capital with faster and more transparent infrastructure. The deal could open a path for institutions to run tokenized portfolios at scale.
Mirae Asset’s Push Into Crypto and Tokenized Funds
Mirae Asset, managing $316 billion worldwide, signed a memorandum of understanding with Ava Labs, according to an official announcement. The company operates in 16 global markets, with nearly half of its assets overseas. Its well-known Global X ETF brand already serves investors in the U.S., Asia, and Europe.
Through this deal, Mirae aims to tokenize fund products where rules allow, including the United States and Hong Kong. The plan includes research into fractional ownership, faster settlement, and new ways to make funds more accessible. Pilot programs will test on-chain portfolio management platforms and payments.
The company said this is part of its wider digital transformation plan. By using Avalanche’s fast Layer 1 network, it seeks to deliver a scalable structure for tokenized products. This includes connecting to Avalanche’s institutional network for distribution and settlement.
Kim Young-hwan, head of Mirae’s innovation division, said the goal is to provide new investment experiences for global clients. He stated that tokenizing real-world assets would position Mirae ahead of competitors in digital finance.
Avalanche is adding a $316B giant to its institutional ecosystem. 🔺
Mirae Asset Global Investments, one of Asia’s largest asset managers, signed an MOU with Ava Labs at KBW to pioneer fund tokenization and on-chain fund operations. pic.twitter.com/ZErbGqSTGX
— Avalanche🔺 (@avax) September 25, 2025
Avalanche’s Role in Building the Infrastructure
Ava Labs will provide the technology backbone to support these tokenized funds. The firm is known for its high-speed consensus and ability to connect with enterprise systems. Its network has been used for state-level stablecoin projects, experiments with JPMorgan and Citi, and yen-backed stablecoin pilots.
The collaboration will also allow Avalanche to expand its presence among traditional financial institutions. John Nahas, Ava Labs’ business chief, said tokenization is becoming a worldwide standard, and this deal accelerates adoption.
This partnership builds on Avalanche’s strategy to position itself as the blockchain of choice for large-scale financial products. The company has emphasized that its network is ready for institutional-grade workloads, including regulated settlement and compliance frameworks.
Both companies see this as a step toward bringing real-world finance closer to blockchain infrastructure. If successful, it could lay the groundwork for wider tokenized fund offerings across global markets.