#ShinhanSecurities

Shinhan Securities to Launch Tokenized Bond RWA Product Yield5 in July

Shinhan Securities is set to launch a tokenized real-world asset product named Yield5 in July, marking a significant step in integrating traditional financial assets with blockchain technology. Developed in collaboration with Kaia Investment Partners (KIP), the product will be backed by bonds held directly on Shinhan Securities' balance sheet. This initiative follows KIP's previous launch of Yield8, which targeted an 8% return through private credit assets like Indonesian shipping and gas station financing. By utilizing more stable, regulated financial institution bonds, Yield5 aims to offer a 5% annual return to investors. The move highlights a growing trend where major financial institutions are increasingly tokenizing traditional assets to expand the on-chain investment landscape. This development is particularly notable as it demonstrates the transition of regulated, institutional-grade assets into the blockchain ecosystem. As more firms like Kyobo Life Insurance enter the space through partnerships with platforms like Libeara, the RWA market continues to mature and diversify its underlying asset classes.

en.bloomingbit.io·Jun 26