Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to collaborate on fund tokenization and blockchain-based settlement systems. The agreement outlines plans to explore how traditional financial products can be transformed into tokenized instruments while building the operational infrastructure required for their long-term use.
Avalanche emphasized that the partnership aimed to combine Mirae Asset’s global scale with its institutional-grade blockchain to set new standards in tokenized funds. The initiative is intended to connect traditional capital markets with next-generation decentralized technology, marking a step toward integrating blockchain within mainstream financial operations.
Joint research and pilot projects
As part of the collaboration, the two companies will undertake feasibility studies and research into tokenizing fund products. They plan to run pilot programs that test operational processes such as issuance, custody, settlement, and payments. The focus is on transforming selected Mirae Asset investment products into tokenized assets in jurisdictions where local regulations allow such instruments.
The companies explained that the objective was not only to create tokenized funds but also to establish an operational backbone that includes custody and payment systems designed to support large-scale use. Mirae Asset intends to leverage Avalanche’s high-throughput, enterprise-grade blockchain infrastructure to conduct pilot programs in key markets such as the United States and Hong Kong, where regulatory frameworks for tokenization are either developing or already in place.
Mirae Asset’s global expansion strategy
Mirae Asset, established in 2003 with its first overseas office in Hong Kong, has since expanded to 16 regions worldwide. The company reported that nearly half of its total assets under management now come from international markets. Executives indicated that the partnership with Ava Labs is part of a broader strategy to accelerate digital transformation and provide new investment opportunities for clients.
The firm described tokenization as a potential catalyst for expanding its product offerings and reinforcing its role as a global asset manager. By combining its expertise in fund management with Ava Labs’ blockchain technology, Mirae Asset aims to build scalable frameworks for real-world asset tokenization.
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
Ava Labs’ focus on real-world use cases
Ava Labs, the team behind the Avalanche blockchain, has been actively pursuing real-world applications for its network. The company has collaborated with major banks and public-sector entities on projects ranging from programmable money to sovereign-backed stablecoins. These initiatives highlight Avalanche’s emphasis on speed, compliance, and institutional tools tailored to financial markets.
Executives at Ava Labs noted that tokenization is rapidly becoming a standard practice in global finance, and they argued that combining Mirae Asset’s scale with Avalanche’s blockchain infrastructure would accelerate the evolution of on-chain asset management.
Toward institutional adoption of tokenized finance
Mirae Asset’s leadership described the MOU as an important step in strengthening digital transformation capabilities. They suggested that integrating blockchain with traditional fund products could accelerate the adoption of real-world asset tokenization, enhance client experiences, and position the firm as a leader in digital asset management.
The agreement comes at a time when traditional financial institutions are experimenting with tokenized securities and payment rails on both permissioned and open blockchain networks. Analysts suggest that if the pilots prove successful, the collaboration could demonstrate operational models for issuance, settlement, custody, and fiat integration that meet both regulatory standards and investor expectations.
Both companies confirmed that research and pilot work will begin immediately, with further details on product launches and timelines expected as projects progress.
