Korean media: Korea's "Mirae Asset Securities" is considering spinning off its virtual asset business to establish an independent company

ChainCatcher news, according to the Korea Herald, Korea's Mirae Asset Securities is considering spinning off its digital asset business into an independent company. The company's internal digital asset solutions team (formerly known as the "Digital Asset TF") may operate independently, primarily responsible for tokenized securities (STO) and virtual asset-related businesses.

The spin-off plan stems from the current Capital Markets Act in Korea, which stipulates that financial investment companies cannot engage in businesses outside of financial services, while virtual assets are governed by the Virtual Asset User Protection Act. Notably, the company has completed its core technology layout in the tokenized securities field, including the independent development of blockchain, token issuance, and circulation mainnet, and is advancing integration with the Mobile Trading System (MTS).

Mirae Asset Securities stated that it is currently in the preliminary review stage for measures such as business expansion and spin-off.