South Korea to Implement Tokenized Securities System by February 2027

Advancing Tokenized Securities

The Financial Services Commission of South Korea, through its public-private consultative body 'Tokenized Securities Council', has decided to conditionally allow the pooling of like assets in fractional investment products. The tokenized securities system, set to be implemented on February 4, 2027, plans to gradually expand its scope from private offerings for institutional investors to securities for individual investors, and to payments using stablecoins.

Tokenized securities are issued and managed using a blockchain-based distributed ledger as the securities ledger, under the Capital Market Law...