Mirae Asset and Ctrl Alt Partner to Launch Tokenized Funds in UAE
Mirae Asset Global Investments and blockchain infrastructure firm Ctrl Alt have forged a strategic partnership to pioneer tokenized investment funds in the UAE. The collaboration leverages Mirae Asset's $353 billion asset management expertise and Ctrl Alt's regulated blockchain solutions to democratize access to high-value investment vehicles.
The initiative will structure the first institutional-grade tokenized funds under UAE's regulatory framework, targeting both retail and institutional investors. By converting traditional fund units into blockchain-based tokens, the partners aim to eliminate traditional barriers to premium investment products.
Mirae Asset brings its global distribution network spanning Korea, India and other key markets, while Ctrl Alt provides the technical infrastructure for fund token issuance and administration. This marks a significant step in institutional adoption of blockchain-based financial products in the Middle East.