Overview
- South Korea’s Financial Services Commission published a three‑stage roadmap that will legally recognize distributed ledgers as securities registers and begin Phase 1 on February 4, 2027, with rules folded into the Electronic Securities Act and the Capital Markets Act.
- Phase 1 will let approved institutions tokenize selected institutional products such as privately pooled money market funds, certain corporate bonds, unlisted shares held through trusts, and publicly offered fractional investment securities.
- Hanwha Investment & Securities has reportedly completed a multi‑network tokenized securities platform that supports Avalanche and Hyperledger Besu and plans a consumer-facing Digital Asset Platform aimed at launching in the first half of 2027, a reported plan that the company has not publicly confirmed.
- The Korea Securities Depository and system vendors including Samsung SDS are building connective infrastructure and technical guidelines so approved distributed ledgers can link with existing electronic securities accounts while meeting oversight and operational‑stability tests.
- Industry pilots and investments are shaping choices and timelines: regional pilots using Avalanche informed network selection, and Hanwha’s stakes in Securitize and its investment in Digital Asset show incumbents are buying tokenization capabilities ahead of wider market rollout.