U.Today - In a new collaboration, Polygon's (MATIC) experts will provide the Mirae Asset Security Token Working Group with consulting support in the issuance of blockchain-based security equivalents.
Polygon, Mirae Asset Securities signed MoU for generation of new tokenized securities
EthereumThe two teams will also conduct joint research on the practical integration of tokenized securities. This will be of paramount importance to achieving interoperability between South Korea's domestic and foreign financial infrastructures.
As by U.Today previously, Polygon (MATIC) recently scored a long-term partnership with SK Telecom, the largest Korean telecommunications operator.
Besides technical and marketing cooperation, Polygon Labs will also be investing in a couple of new-gen Korean start-ups that are partners of SK Telecom.
With instruments offered by Polygon (MATIC), the asset manager can tokenize the equivalents of shares, equities, bonds, bills and other classic financial instruments.
Polygon advances its leadership in tokenization for corporations
With the support of Polygon (MATIC), the tokenized fund reduced the barriers to entry for all investors by a factor of 250 times, from $5 million to $20,000.
One year ago, Polygon (MATIC) stole all the headlines by unveiling its NFT initiative for , one of the most popular social media platforms in the world.
With this partnership, Polygon's (MATIC) NFT trading volume spiked by over 1,100% in 24 hours.