#SouthKorea

45 articles tagged #SouthKorea — curated RWA tokenization coverage.

#TokenizedSecurities #FSC #STO #RWA #Tokenization #DigitalAssets #SecurityTokens #Regulation #Koscom #Stablecoins

BOK to Use Wholesale CBDC, Not Stablecoins, in 2027 Tokenized Treasury Bond Pilot

The Bank of Korea (BOK) has announced plans to utilize a wholesale central bank digital currency (wCBDC) as the primary settlement asset for its upcoming tokenized Treasury pilot scheduled for 2027. By opting for a central bank-issued digital currency over private stablecoins, the BOK aims to minimize counterparty settlement risk and guarantee settlement finality for government bond transactions. This initiative seeks to modernize the issuance and distribution of conventional government bonds by leveraging blockchain technology to enable simultaneous ownership transfers and payments. The BOK is currently coordinating with the Ministry of Economy and Finance, the Financial Services Commission, and the Korea Securities Depository to address the necessary legal and technical frameworks. Simultaneously, the central bank is expanding its existing Project Hangang pilot, which will now include nine participating banks and increase the user base to 500,000 participants. The project budget for Project Hangang has seen a significant 61.8% increase to 12.52 billion won, reflecting the bank's commitment to testing deposit tokens for government subsidy payments. While the specific integration between Project Hangang and the Treasury pilot remains undecided, these efforts represent a major institutional push toward integrating blockchain into national financial infrastructure. This development is significant for the RWA market as it signals a preference for sovereign-backed settlement assets in large-scale government bond tokenization projects.

#TokenizedTreasuries #SouthKorea #CBDC

en.bloomingbit.io·Oct 12, 20268.5

Infrastructure

Securitize partners with LG CNS to advance tokenized assets in South Korea

LG CNS has launched its KITL blockchain platform, designed to provide infrastructure for stablecoins, tokenized securities, and real-world assets for South Korean financial institutions. To bolster this offering, the company signed a memorandum of understanding with Securitize to co-develop solutions specifically for tokenizing funds and bonds. This strategic move is timed to align with South Korea's anticipated regulatory framework for tokenized securities, which is expected to take effect in February 2027. By providing a consolidated system, LG CNS aims to help banks, securities firms, and payment providers reduce operational costs and accelerate their digital asset deployment. The platform's technology was previously validated through the Bank of Korea’s Project Hangang, which involved seven banks and 80,000 customers. While no live tokenized products have been issued yet, the partnership positions both firms to capture market share as the regulatory environment matures. This development is significant for the RWA market as it demonstrates how major IT service providers are building the necessary plumbing to facilitate institutional adoption of tokenized assets in a major Asian economy.

#Securitize #TokenizedSecurities #SouthKorea

cryptobriefing.com·Oct 6, 20267.5

Infrastructure

South Korea to let stocks, bonds and funds go onchain

South Korea’s Financial Services Commission (FSC) has unveiled a comprehensive regulatory framework to integrate stocks, bonds, and funds into its tokenized securities system. Scheduled to take effect on February 4, 2027, the framework amends the Electronic Securities Act and Capital Markets Act to treat tokenized assets as regulated securities rather than separate crypto assets. The implementation follows a three-stage roadmap, beginning with institutional-grade money-market funds, unlisted shares, and fractional investment products. To protect retail participants, the FSC has proposed a 100 million won annual net purchase limit per over-the-counter platform. The rules also allow qualifying non-financial issuers to manage their own ownership records, provided they meet strict capital and cybersecurity requirements. By mandating that distributed ledgers connect to the Korea Securities Depository, the government ensures that tokenized assets remain under existing market surveillance and legal oversight. This move signals a major shift toward institutionalizing blockchain infrastructure within a major global economy, setting a clear path for the eventual integration of onchain payment systems and stablecoins.

#TokenizedSecurities #SouthKorea #FSC

crypto.news·Oct 1, 20269.0

Infrastructure

Meritz Securities to Launch Fractional Ship Investment in November, Expand Into Tokenized Securities Next Year

Meritz Securities is strategically expanding its tokenized securities business in South Korea, beginning with a pilot project for fractional ship investment in collaboration with the Korea Ocean Business Corp. The brokerage plans to issue bond-type trust beneficiary certificates backed by maritime assets, aiming for a listing on the Korea Exchange’s market for innovative securities by the end of 2026. Managing Director Kang Byung-ha emphasized that while current RWA revenue for traditional financial institutions remains negligible due to high infrastructure costs, the firm is positioning itself for long-term growth over the next three to five years. The initiative seeks to diversify the local fractional investment market, which has historically been limited to assets like art and copyrights. By leveraging blockchain technology, Meritz aims to eventually facilitate cross-border capital flows, potentially allowing Korean investors to access private U.S. equities and global investors to trade major Korean stocks like Samsung Electronics. Kang noted that the success of this transition depends on regulatory frameworks that balance investor protection with market demand. Ultimately, the firm views tokenization as a tool to remove capital borders, arguing that the ability to package and distribute assets will eventually drive net inflows into the Korean market.

#Tokenization #SouthKorea #MaritimeFinance

en.bloomingbit.io·Sep 30, 20267.5

Infrastructure

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.

#DTCC #Nasdaq #SouthKorea

en.bloomingbit.io·Sep 30, 20267.5

Infrastructure

Woori, Kakao Bank Join Ripple Event as Korea Eyes Tokenized Finance

Major South Korean financial institutions, including Woori Bank, Kakao Bank, Kyobo Securities, and Kbank, are set to participate in the XRP Seoul 2026 conference on October 3. These institutions will join Ripple executives to discuss the integration of institutional DeFi, cross-border payments, and the broader adoption of tokenized assets on the XRP Ledger. The event highlights a significant shift in Korea's financial landscape, as local banks move beyond pilot programs to explore large-scale capital market infrastructure. Ripple has been actively collaborating with Kbank on blockchain-based overseas payment testing and is currently involved in exploring tokenized government bond settlement in the region. The conference agenda underscores a strategic focus on institutional-grade infrastructure, featuring sessions on Ripple’s RLUSD stablecoin and the management of tokenized assets. By providing tools like Ripple Custody and SettleMint, Ripple is positioning itself as a primary provider for regulated entities looking to issue and manage digital assets. This collaboration signals a deepening institutional commitment to blockchain technology within the South Korean banking sector.

#Tokenization #XRPL #InstitutionalDeFi

coinpaper.com·Sep 28, 20267.5

Infrastructure

BNK Investment & Securities expands tokenized securities push with EverTreasure

BNK Investment & Securities has entered a strategic partnership with fintech firm EverTreasure to develop and distribute tokenized securities backed by cultural assets including films, musicals, and artworks. Under the memorandum of understanding, BNK will manage the issuance, distribution, and regulatory compliance, while EverTreasure will focus on asset sourcing and blockchain platform integration. This collaboration aims to prepare both firms for South Korea's formal tokenized securities market, which is scheduled to launch in February 2027. The initiative leverages EverTreasure’s existing YEATU platform, which has already facilitated over 260 million won in cultural investments. By integrating these assets into a regulated financial framework, the companies intend to provide institutional and high-net-worth clients with new investment opportunities. This move aligns with broader industry efforts in South Korea, where major brokerages are actively building infrastructure to comply with the amended Electronic Securities Act and Capital Markets Act. The partnership represents a significant step in bridging intellectual property with institutional-grade financial products ahead of the upcoming regulatory rollout.

#TokenizedSecurities #SouthKorea #CulturalAssets

crypto.news·Sep 14, 20267.5

Infrastructure

South Korea announces timeline for securities tokenization: first batch of tokenized assets to include bonds, funds, and unlisted equities

South Korea has officially established a regulatory timeline to integrate security tokens into its financial markets, marking a significant step toward institutionalizing digital asset infrastructure. The Financial Services Commission (FSC) plans to introduce a legislative framework that allows for the issuance and trading of tokenized securities, including bonds, investment funds, and unlisted equities. This initiative aims to enhance market efficiency and liquidity by leveraging blockchain technology for asset settlement and ownership verification. By providing a clear legal pathway, the government seeks to foster innovation while maintaining investor protection standards consistent with traditional capital markets. The move positions South Korea as a proactive jurisdiction in the global RWA landscape, potentially attracting significant institutional capital to its domestic blockchain ecosystem. This regulatory clarity is expected to encourage local financial institutions to accelerate their pilot programs for tokenized financial products. Ultimately, the framework serves as a blueprint for other nations looking to bridge the gap between legacy finance and distributed ledger technology.

#Tokenization #SecurityTokens #SouthKorea

news.futunn.com·Sep 14, 20268.5

Infrastructure

Shinhan Asset Management Gets Final Approval to Serve as Canton Network Super Validator in South Korea

Shinhan Asset Management has secured final approval to operate as a Super Validator on the Canton Network, a blockchain infrastructure specifically designed for institutional asset tokenization. As a Super Validator, the firm will play a critical role in maintaining network stability and influencing governance policies. This development follows a memorandum of understanding signed between Shinhan and the Canton Foundation in June to formalize their collaborative efforts. While the approval marks a significant milestone, Shinhan intends to prioritize internal development of tokenization technology and proof-of-concept initiatives rather than immediate network deployment. The firm is strategically waiting for the South Korean government to finalize legal frameworks and regulatory guidelines concerning tokenized securities. Once a clear regulatory environment is established, Shinhan plans to scale its activities on the Canton Network in a phased approach. This move underscores the growing institutional interest in building compliant, blockchain-based financial infrastructure within the South Korean market.

#Tokenization #CantonNetwork #SouthKorea

en.bloomingbit.io·Sep 14, 20267.5

Infrastructure

[Weekend Money] Stocks, Bonds, and Funds to Be Tokenized... The Key Issue Going Forward Is

South Korea's financial authorities are accelerating the institutionalization of tokenized securities by establishing a formal regulatory framework for Security Token Offerings (STOs). The Financial Services Commission (FSC) is transitioning from a sandbox environment to a permanent legal structure, allowing for the issuance and distribution of tokenized stocks, bonds, and investment funds. This shift aims to enhance market liquidity and accessibility by enabling fractional ownership of diverse assets on distributed ledger technology. Major financial institutions, including Mirae Asset Securities and Hana Securities, are actively preparing infrastructure to support these digital assets. The government's focus remains on investor protection and market stability as it integrates blockchain technology into the traditional capital market system. By standardizing issuance protocols, South Korea seeks to position itself as a global hub for regulated digital securities. This development marks a critical transition from experimental pilot programs to a scalable, legally recognized ecosystem for real-world asset tokenization.

#DigitalAssets #TokenizedSecurities #SouthKorea

asiae.co.kr·Sep 12, 20268.0

Infrastructure

As the U.S. accelerated the inclusion of staking, token securities (STO), and on-chain asset managem..

South Korean lawmakers and industry experts recently convened at a seminar in Yeouido to advocate for an urgent overhaul of the nation's digital asset regulatory framework. The discussion highlighted that while the U.S. has successfully integrated tokenized securities, staking, and on-chain asset management into its financial system, Korea remains behind, leaving domestic investors without adequate legal protections. Experts cited global institutional milestones, such as BlackRock’s BUIDL fund, Franklin Templeton’s BENJI, and JPMorgan’s on-chain vault initiatives, as evidence of a global shift toward blockchain-based financial infrastructure. Lawmakers Min Byung-duk and Ahn Do-gul announced plans to legislate a Framework Act on Digital Assets by the end of this year to facilitate the adoption of virtual asset spot ETFs and tokenized securities. The proposed legislation aims to address the current lack of institutional clarity, which prevents domestic financial institutions from competing with global peers. By establishing clear disclosure, custody, and asset management standards, proponents argue that Korea can mitigate on-chain risks while fostering innovation. This legislative push is critical for Korea to remain competitive as the global market for digital asset ETPs has already surpassed $180 billion in operating assets.

#BUIDL #DigitalAssets #SouthKorea

mk.co.kr·Sep 10, 20267.5

$Korean brokerages step up tokenised securities business beyond fractional investing to bonds, funds$

Infrastructure

Korean brokerages step up tokenised securities business beyond fractional investing to bonds, funds

South Korean brokerages are shifting their focus from fractional investment management to building robust issuance infrastructure for standardized financial products like bonds and funds. The Financial Services Commission announced a phased policy on September 4, 2024, to support the tokenization of private MMFs, corporate bonds, and unlisted shares, with a full system rollout scheduled for February 4, 2027. To facilitate this, Koscom is developing the 'KoSTO' platform in collaboration with 12 major brokerages to standardize issuance and ledger management. Individual firms like Korea Investment & Securities and Shinhan Investment Corp are also developing proprietary platforms to integrate with existing account systems. This transition marks a significant evolution in the South Korean RWA market, moving toward institutional-grade on-chain financial services. By leveraging distributed ledger technology, these firms aim to enhance market efficiency and align with global trends seen in Japan and the United States. The ability to integrate these new systems with existing payment and account infrastructure is expected to be the primary driver of competitive advantage for these financial institutions.

#TokenizedSecurities #SouthKorea #FinancialInfrastructure

digitaltoday.co.kr·Sep 8, 20268.0

Infrastructure

(Yonhap Interview) Ethereum Institutional welcomes S. Korea's push to build tokenized asset infrastructure: co-founder

Ethereum Institutional co-founder Matthew Dawson recently visited Seoul to express support for South Korea's new regulatory framework regarding Security Token Offerings (STOs). The South Korean Financial Services Commission (FSC) has unveiled a three-step roadmap to integrate tokenized assets, beginning with money market funds and bonds in early February 2026. This initiative aims to transition STOs from niche fractional investments into mainstream financial instruments like stocks and funds. Dawson highlighted Ethereum's role as a neutral global infrastructure, positioning it as a secure foundation for Korean institutions seeking to avoid dependency on foreign-controlled models. By facilitating the deployment of tokenized assets, Ethereum Institutional intends to assist local brokerages, banks, and asset managers in their digital transformation. The organization is also expanding its presence in Asia by hiring technical and consulting staff to provide direct support to regional partners. This development is significant as it signals a major sovereign economy formalizing the legal status of tokenized securities on public blockchain networks.

#Ethereum #InstitutionalFinance #SouthKorea

en.yna.co.kr·Sep 7, 20267.5

Infrastructure

South Korea’s Hanwha Advances Tokenized Securities With Avalanche Platform as Regulations Evolve

Hanwha Investment & Securities has developed a multi-network tokenized securities platform utilizing Avalanche and Hyperledger Besu to prepare for South Korea's upcoming regulatory shift. The firm invested 30 billion won, approximately $22.3 million, into the initiative alongside blockchain partner FairSquare Lab. This development aligns with South Korea's revised capital market laws, which will officially recognize distributed ledgers as valid securities registries starting February 4, 2027. The Financial Services Commission has outlined a three-step implementation plan, beginning with the tokenization of privately placed money market funds and bonds before expanding to unlisted stocks and fractional investments. Hanwha’s strategic positioning is further bolstered by its 9.6% stake in Securitize and its operation of the Canton Network. By building this infrastructure now, Hanwha aims to lead the institutional transition toward blockchain-based securities issuance and management. While the platform is technically prepared, widespread commercial adoption remains contingent on the phased regulatory rollout mandated by the government.

#CantonNetwork #TokenizedSecurities #Avalanche

cryptorank.io·Sep 7, 20268.0

Infrastructure

Korea’s Financial Services Commission outlines tokenization roadmap

South Korea’s Financial Services Commission (FSC) has unveiled a structured, multi-phase roadmap to integrate tokenized securities and fractional investments into the national financial system. The initiative follows legislation passed earlier this year that officially recognizes securities recorded on distributed ledger technology, with the first phase set to commence in February 2027. Initially, institutional investors will gain access to tokenized money market funds and bonds, while both retail and institutional participants can engage with unlisted stocks and fractional investments via trust structures. The FSC has prioritized trust beneficiary certificates as the primary format for these fractional assets during the initial rollout. A second phase is planned to expand support to public securities, followed by a third phase that aims to incorporate stablecoins for settlement purposes. This phased approach allows the FSC to calibrate regulatory oversight based on market adoption rates and the future passage of specific stablecoin legislation. By establishing this clear regulatory framework, South Korea is positioning itself as a significant jurisdiction for the institutional adoption of blockchain-based financial instruments.

#Regulation #TokenizedSecurities #SouthKorea

ledgerinsights.com·Sep 7, 20268.0

Infrastructure

South Korea launches a three-phase plan for the tokenized securities revolution

South Korea has officially unveiled a comprehensive three-phase regulatory roadmap to integrate tokenized securities into its national financial infrastructure. This strategic initiative aims to establish a secure and transparent framework for the issuance and trading of security tokens, effectively bridging traditional capital markets with blockchain technology. The first phase focuses on establishing legal definitions and regulatory sandboxes to test tokenized asset issuance, while subsequent phases will expand market participation and infrastructure integration. By formalizing these guidelines, the South Korean government seeks to foster innovation while ensuring robust investor protection and market stability. This move represents a significant institutional commitment to digitizing financial assets, positioning the nation as a proactive leader in the global RWA landscape. The implementation of these standards is expected to attract institutional capital and streamline the lifecycle management of various financial instruments. Ultimately, this structured approach provides the necessary legal certainty for domestic financial institutions to scale their tokenization efforts within a regulated environment.

#RWA #DigitalAssets #Regulation

arabictrader.com·Sep 5, 20268.5

Stocks

South Korea to Move Its Capital Market On-chain on Avalanche

South Korea is initiating a comprehensive, phased transition of its capital markets infrastructure to blockchain technology, utilizing the Avalanche network. The Financial Services Commission and the Korea Securities Depository are spearheading this roadmap to bring stocks, bonds, and funds onchain, covering the entire lifecycle from issuance to settlement. This initiative aims to unify the national financial network, moving beyond simple fractionalization to full-scale digital market integration. The project will unfold in stages, with new regulations for tokenized securities officially taking effect on February 4, 2027. Pilot programs for exchange-traded stocks are planned in collaboration with the Korea Exchange, drawing on insights from NYSE and Nasdaq experiments. Future phases include the integration of stablecoins for onchain settlement and the establishment of specific capital requirements for account management entities. This move represents one of the largest government-led tokenization efforts globally, signaling a major shift toward institutionalizing digital securities within a national regulatory framework.

#TokenizedSecurities #Avalanche #SouthKorea

incrypted.com·Sep 4, 20269.5

U.S. Treasuries

South Korea to start tokenizing ‘all types’ of securities in three stages from 2027

South Korea has unveiled a comprehensive three-stage roadmap to transition its entire securities market toward a tokenized infrastructure starting in 2027. The initiative aims to modernize the financial landscape by enabling the on-chain settlement of all security types using stablecoins. This phased approach is designed to ensure regulatory stability while gradually integrating blockchain technology into the national financial system. By moving away from traditional settlement methods, the government seeks to enhance market efficiency, reduce transaction costs, and increase transparency for investors. The plan represents a significant commitment by a major economy to institutionalize digital assets within the regulated securities framework. This shift is expected to serve as a global benchmark for how sovereign nations can systematically adopt distributed ledger technology for capital markets. The successful implementation of this strategy would solidify South Korea's position as a leader in the institutional adoption of tokenized real-world assets.

#Stablecoins #Regulation #SecurityTokens

The Block·Sep 4, 20269.0

#SouthKorea

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