Securitize and LG CNS have partnered to develop tokenized assets, including securities and stablecoins, for financial institutions in South Korea. The collaboration aims to build infrastructure for institutional clients and link them to global capital markets, anticipating new tokenization regulations expected in February 2027.
The partnership between Securitize and LG CNS signals a concerted effort to build out the infrastructure for tokenized assets and stablecoins in South Korea, a market poised for significant regulatory developments. This collaboration could facilitate greater institutional adoption of digital assets and enhance connectivity between South Korean financial institutions and global capital markets.
Securitize and LG CNS have entered into a partnership to develop tokenized assets, including securities and stablecoins, for financial institutions in South Korea. The collaboration aims to leverage Securitize's expertise in regulated tokenization and LG CNS's technology services and connections within the South Korean financial sector.
The companies plan to pursue business opportunities targeting institutional clients in South Korea and the broader Asia Pacific region, focusing on tokenized funds, securities, and stablecoin infrastructure. A key objective is to develop technology that aligns with South Korea's evolving regulatory landscape for digital assets. Securitize CEO Carlos Domingo highlighted South Korea as a crucial market for institutional tokenization, with the goal of building infrastructure to bring more financial products on-chain and strengthen the link between Korean institutions and global capital markets.
The partnership extends to stablecoin infrastructure and digital asset treasury solutions, with the companies exploring systems to connect South Korean institutions to global financial markets, potentially enabling 24/7 trading and settlement pending regulatory approval. LG CNS has already launched its blockchain platform, Keystone of Institutional Trust Landscape (KITL), designed for banks, securities firms, and payment providers, supporting stablecoins, tokenized securities, and real-world assets. KITL integrates digital wallets, transaction processing, and can aggregate transaction records from multiple digital assets and blockchains. LG CNS previously tested related technology in the Bank of Korea’s Project Hangang.
South Korea is anticipated to implement a regulatory framework for tokenized securities in the near future, with current schedules pointing to an effective date in February 2027. Both Securitize and LG CNS intend to develop services compliant with these upcoming local regulations. Hongkeun Kim, executive vice president at LG CNS, noted that the partnership aims to assist Korean financial institutions in building practical, regulatory-compliant applications.
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