Mirae Asset Sets Sights on $109 Billion Digital Asset Business

Mirae Asset Financial Group has outlined an ambitious plan to build a digital asset business worth $109 billion, centered around its subsidiary Digital X. The group aims to grow this business by leveraging its existing client assets of over $1.5 trillion.

Digital X will focus on four key areas: cryptocurrencies, stablecoins, real-world assets, and security token offerings. This includes plans to tokenize physical assets such as gold, silver, and electricity. The company also intends to develop financial products and services based on digital assets, as well as make proprietary investments.

Mirae Asset is considering injecting up to an additional $218 million in capital through a third-party allocation planned for the first quarter of 2027. The group has set a target year of 2027 for the division to achieve profitability.