As the financial world slowly goes digital, new technologies are bringing real-world assets (RWAs) and security token offerings (STOs) onto the blockchain. This space has even caught the attention of investment giants like BlackRock, hinting that it could fuel the next big growth wave in crypto. According to a report by Nasdaq, the STO market in South Korea alone is expected to reach $287 billion by 2030, which shows just how big the potential is.
That’s where the partnership between Mina Protocol and Mirae Asset Financial Group comes in. Together, they’re offering a privacy-focused, regulation-compliant solution for the Asian market. With zero-knowledge proof (ZKP) technology, Mina keeps user data secure while allowing transactions to remain compliant. Mina being one of the few zk Layer 1 blockchains actively running on mainnet only adds to its significance for use cases like this.
RWA and STO: Concepts Shaping the Future
Real-World Assets (RWA): This involves turning physical assets, like real estate or art, into digital assets. By tokenizing them, these assets can be traded more quickly and easily on the blockchain.
Security Token Offerings (STO): This means tokenizing traditional financial instruments, like stocks or bonds, and offering them to investors in digital form.
These areas are growing fast, especially in Asia. Countries like Japan are already regulating STOs, and South Korea’s market is expected to grow significantly. And of course, privacy and data security are essential for these kinds of transactions.
Secure and Privacy-Focused Solutions with Mina
In this collaboration with Mirae Asset, Mina Protocol uses ZKP technology to keep user data safe. The beauty of this technology is that people can prove their ownership of assets without having to reveal personal details—so privacy is maintained while transactions are verified.
How Zero-Knowledge Technology Secures Privacy
Mina’s zkApps let users prove ownership without risking privacy leaks. Everything happens on the blockchain, in line with regulatory requirements, which gives Mina a solid footing in the Asian market where privacy and compliance are in high demand.
Why Mina’s Infrastructure Matters
Mina Protocol stands out as one of the few zk Layer 1 blockchains actively operating on mainnet. Its recursive properties allow the network to sync quickly, enhancing security and decentralization. Mina’s zkApps offload intensive processes from the main network by running off-chain, which boosts scalability.
This setup is crucial, especially in the partnership with Mirae, where privacy and security are key. It provides a strong example of how RWA and STO solutions can operate safely and compliantly in markets like Asia, where regulatory alignment is essential.
