FSC Chairman Lee Eog-won Discusses Tokenized Securities With Nasdaq, DTCC and HKEX

South Korea’s Financial Services Commission Chairman Lee Eok-weon held high-level meetings with representatives from Nasdaq, the Depository Trust & Clearing Corporation (DTCC), and Hong Kong Exchanges and Clearing (HKEX) to discuss the future of tokenized securities. The discussions focused on integrating global best practices for Security Token Offerings (STOs) as South Korea prepares for the implementation of its Electronic Securities Act in February 2027. Participants examined critical infrastructure shifts, including the transition to T+1 settlement cycles and the development of robust market-segmentation rules. The DTCC emphasized that tokenized securities are poised to become a foundational element of global capital markets, with significant potential for expansion beyond traditional asset classes. By engaging with major international market operators, South Korean regulators aim to align their domestic framework with global standards to ensure seamless interoperability. This collaborative approach highlights the growing institutional consensus that tokenization is a strategic priority for modernizing financial market infrastructure. These international dialogues serve as a blueprint for South Korea to build a comprehensive, compliant ecosystem for digital assets.