Mirae Asset lays out crypto, stablecoin, tokenization plans for Digital X
The South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized assets, according to The Korea Times.
The top 3
- World's Largest Asset Managers by AUM: As of late 2023, BlackRock led global asset managers with $128.0 trillion in AUM, followed by Vanguard and Fidelity Investments, while Mirae Asset Financial Group surpassed $721.18 billion (1,000 trillion won) in AUM by July 2025, ranking among the top ETF managers globally.
- Top Traditional Finance Firms in Crypto: Major players like BlackRock, J.P. Morgan Chase, Goldman Sachs, Fidelity, and HSBC are actively investing in blockchain firms, launching their own solutions, and offering crypto products, signaling a shift towards mainstream adoption.
- Institutional Crypto Adoption Impact: Institutional involvement in crypto has increased legitimacy, improved liquidity and stability, and accelerated innovation in the financial ecosystem, though challenges like market volatility and regulatory uncertainty persist.
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