Cooperation between companies to securitize assets held by companies in the domestic token securitie..

Bluead, a financial IT platform, has entered into a three-year strategic partnership with NICE Evaluation Information to advance the token securities (STO) market in South Korea. The collaboration focuses on the issuance of investment contract securities and trust beneficiary securities, which allow for the fractional ownership of diverse assets like commercial real estate, art, and intellectual property. By leveraging blockchain distributed ledger technology, the companies aim to securitize both tangible and intangible assets held by domestic firms. A primary objective of this partnership is to mitigate market risks such as asset value inflation and information asymmetry. NICE Evaluation Information will provide independent, sophisticated valuation and adequacy verification for underlying assets to ensure investor protection. Bluead will manage the commercialization process, including asset discovery, platform support, and liquidity management. This initiative reflects a broader industry trend in South Korea toward establishing robust, transparent frameworks for tokenized securities under the Capital Markets Act.