News analysis
Mirae Asset Securities' Hong Kong unit issues six-month tokenized notes on Solana
· By MyCryptoSignal Editorial · 330 words
Cointelegraph reports that Mirae Asset Securities' Hong Kong unit has issued six-month tokenized notes on Solana, under a program sized at $3 billion. The issuance extends the firm's blockchain-based distribution to institutional investors, according to the report published on 28 October.
The source states the notes carry a six-month term and were issued under a programme sized at $3 billion. Cointelegraph frames the move as an extension of blockchain-based distribution aimed at institutional investors rather than retail buyers. The report names Solana as the network used for the issuance, and identifies the Hong Kong unit as the issuing entity. Cointelegraph published the report on 28 October 2026. The summary does not state the notes' yield, the size of any individual tranche, or the settlement arrangements behind the issuance.
As of 13:17 UTC on 29 October, Solana traded at $100.67, down 0.72% over 24 hours, according to our collected data. The token has given back 3.81% over seven days and 16.39% over 30 days. Its 24-hour range ran from $99.23 to $103.65. The 14-period RSI sits at 47.6, and our trend reading is down. Support is marked at $100.49 and resistance at $100.69, a band of roughly twenty cents around the last price.
The wider market was slightly lower. Total capitalisation stood at $2.53 trillion, down 0.64% over 24 hours. Bitcoin traded at $80,098, down 0.68%, and its dominance was 63.5%. Solana's 30-day decline is steeper than its 24-hour move, leaving the token below where it changed hands a month ago.
Tokenized note issuance on a public blockchain places an institutional product on the same network that hosts Solana's spot market. The source describes distribution aimed at institutional investors, while our data shows SOL down 16.39% over 30 days and trading close to its marked support of $100.49. The two facts sit side by side: issuance activity on the network, and a token price that has drifted lower across the month.
Read the full story at Cointelegraph: https://cointelegraph.com/news/mirae-asset-securities-tokenized-notes-solana
Data, not advice.
Source: Cointelegraph — see our editorial policy.