Global Asset Manager Mirae Asset Eyes Fund Tokenisation in UAE with Ctrl Alt Deal

Global Asset Manager Mirae Asset Eyes Fund Tokenisation in UAE with Ctrl Alt Deal

Mirae Asset Global Investments, the multinational asset supervisor with over $350billion in property under administration (AUM), has signed a Memorandum of Understanding (MoU) with Ctrl Alt to explore the tokenisation of funds in the UAE.

The partnership goals to pioneer a framework for issuing and managing tokenised funds within the area’s current regulatory buildings. The initiative will initially give attention to funds domiciled in the UAE, with ambitions to broaden across other regulated markets in the Gulf Cooperation Council (GCC).

Streamlining operations with sensible contracts

Under the settlement, Ctrl Alt will present the end-to-end infrastructure required for the minting, issuance, and on-chain administration of the funds. Mirae Asset will make the most of its funding experience and regional network to pilot these merchandise.

The major objective is to leverage blockchain technology to automate administrative duties such as investor onboarding and capital calls through sensible contracts. This is anticipated to scale back operational prices, speed up transaction lifecycles, and broaden entry to various property for each institutional and retail traders.

Swarup Mohanty, vice chairman and CEO of Mirae Asset Global Investments (India) Private Limited, commented: “This agreement with Ctrl Alt demonstrates our commitment to pioneering the next generation of investment products. Blockchain and tokenization have the power to transform capital markets, and this collaboration positions Mirae Asset at the forefront of that change as a permanent innovator.”

Institutional adoption in the Middle East

The transfer indicators rising institutional urge for food for digital property in the Middle East. Ctrl Alt, which has already tokenised over $650million in property as of January 2026, is notably the tokenisation associate for the Dubai Land Department and holds an Issuer license from the Virtual Assets Regulatory Authority (VARA).

Matt Ong, founder and CEO of Ctrl Alt, said: “We see growing, considered interest from established asset managers in how tokenization can be applied responsibly within existing market structures. The collaboration with Mirae Asset brings together deep institutional experience and innovative digital capital markets infrastructure, allowing us to explore how tokenized funds can deliver practical efficiencies and broader access in a regulated setting.”

The collaboration is positioned as an effort to determine a global benchmark for fund tokenisation, beginning with the UAE’s forward-looking regulatory atmosphere.

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