Mirae Asset and Ctrl Alt are teaming up to explore tokenized investment funds in the UAE, aiming to bring blockchain-powered financial products into regulated markets.
Quick Summary – TLDR:
- Mirae Asset Global Investments and Ctrl Alt will pilot tokenized funds in the UAE, using blockchain for on-chain issuance and operations.
- The collaboration merges Ctrl Alt’s tokenization tech with Mirae Asset’s $353B global asset management reach.
- The project is designed to work within existing financial regulations, with a future goal to expand across the GCC.
- Tokenized funds could streamline fund operations, cut costs, and improve access to alternative assets for more investors.
What Happened?
Mirae Asset Global Investments has partnered with Ctrl Alt, a UAE-regulated tokenization platform, to launch tokenized investment funds. This initiative will first be tested in the UAE and could expand across other Gulf Cooperation Council countries. The project aims to create legally compliant, blockchain-based fund products that can operate efficiently within current regulatory structures.
Institutional adoption is no longer “coming”—it’s here.
— NekoZ (@Nekoztek) January 22, 2026
Global giant Mirae Asset is teaming up with Ctrl Alt to tokenize funds in the UAE. Next stop? The entire GCC.
Real World Assets (RWAs) are eating the legacy finance world. Watch this space. pic.twitter.com/B8xfejddNl
A Strategic Push into Regulated Tokenized Finance
Mirae Asset, managing over $353 billion in global assets, is stepping deeper into digital finance by working with Ctrl Alt on a framework for tokenized funds. The collaboration focuses on creating fund units that are minted, issued, and managed entirely on-chain, from investor onboarding to settlements.
Ctrl Alt brings its end-to-end tokenization infrastructure, built to handle:
- Minting and issuance of digital fund units.
- On-chain investor management.
- Custody and settlement operations.
- Automation of tasks like subscriptions, redemptions, and capital calls using smart contracts.
Mirae Asset, known for its strong presence in India and Korea, will use its investment expertise and regional networks to help launch and manage the pilot products. These tokenized funds will be available to both institutional and retail investors.
Swarup Mohanty, Vice Chairman and CEO of Mirae Asset Global Investments (India) said:
Why the UAE?
The UAE has been selected as the testing ground due to its supportive regulatory environment and rising interest in digital finance. The country is quickly emerging as a hub for blockchain innovation, with regulators showing readiness to work with financial institutions exploring tokenization.
Matt Ong, Founder and CEO of Ctrl Alt said:
Market Growth and Broader Ambitions
The Middle East’s digital asset market is forecasted to reach $600 billion by 2030, driven by increasing demand for asset tokenization, fractional ownership, and participation from banks and family offices.
Both companies view the UAE project as a launchpad for global expansion, as they refine models that can work not only across the GCC but also in other international regulated markets.
Ctrl Alt is not new to working with UAE institutions. In May 2025, it was chosen by the Dubai Land Department as the official tokenization partner for a real estate blockchain project. That effort, developed with VARA, Dubai Future Foundation, and PRYPCO, aims to build a $16 billion tokenized real estate market by 2033.
SQ Magazine Takeaway
I’m really impressed with how this partnership is unfolding. This is not just a tech experiment. It’s a real-world use case of blockchain in finance, backed by a major asset manager and a government-recognized platform. We’ve heard a lot about tokenization, but seeing it implemented with serious players like Mirae Asset and Ctrl Alt, within a regulated environment, shows that the concept is maturing. I think this could be a game-changer for how we invest in alternative assets, and the UAE is smart to position itself as the go-to sandbox for this evolution.