Key Highlights
- Securitize and LG CNS signed an MOU to examine tokenized assets and digital asset infrastructure in South Korea.
- The collaboration will focus on tokenized funds, securities, and stablecoins for Korean financial institutions.
- The companies will consider infrastructure that could connect Korean markets with global markets, subject to regulations and approvals.
Securitize and South Korean technology company LG CNS are considering tokenized financial products and digital asset infrastructure for Korean financial institutions under a new memorandum of understanding (MOU).
According to an official announcement shared on October 6, the collaboration would examine potential applications involving tokenized funds, securities, stablecoins, and digital asset infrastructure. The MOU covers potential market development, technology and product collaboration, and digital asset infrastructure. The companies have not announced a specific product or launch date.
Tokenization plans for Korean financial institutions
Under the agreement, Securitize and LG CNS will work with financial institutions in South Korea and the broader Asia-Pacific region to identify potential use cases for tokenized assets. The companies said the work could include tokenized securities, funds, and stablecoins, along with market education and institutional use cases.
Securitize CEO and co-founder Carlos Domingo said, “Working with LG CNS gives us an opportunity to combine our experience bringing regulated financial assets onchain with deep local technology and market expertise.” Domingo said the companies aim to develop infrastructure that could bring financial products onchain in Korea and connect Korean institutions with global capital markets.
LG CNS to focus on local applications
LG CNS will contribute its technology capabilities and relationships across Korea’s financial sector. The companies said they will consider tokenization solutions designed for Korean financial institutions while taking into account the country’s regulatory framework.
Hongkeun Kim, executive vice president and head of LG CNS’s Digital Business Division, said, “By combining LG CNS’s financial technology expertise with Securitize’s global tokenization infrastructure and experience, we aim to help Korean financial institutions build practical, regulatory-compliant applications.”
Stablecoin infrastructure also under consideration
The agreement also covers potential work involving stablecoin infrastructure and digital asset treasury solutions. Securitize and LG CNS said they will consider infrastructure that could eventually connect Korean markets with global markets, subject to applicable laws and regulatory approvals.
The proposed infrastructure could support the distribution, execution, and settlement of tokenized securities and stablecoins on a 24/7 basis. The companies will also consider institutional tokenized funds and other tokenized financial products where permitted under local regulations.
Recent Securitize tokenization developments
The Korea agreement follows other recent developments involving Securitize and tokenized financial products.
On September 24, Securitize shared its views on SEC’s five-year framework for tokenized stocks, including conditions under the SEC’s Innovation Exemption for secondary-market trading of eligible tokenized stocks. The framework includes conditions covering trading venues, transaction volumes, and issuer notification for eligible tokenized stocks.
Earlier, on August 18, Securitize and Neuberger Berman launched the High Income Fund (HINC), bringing high-yield bonds, collateralized loan obligations (CLOs) and leveraged loans onchain across four blockchains.
The fund was designed for accredited investors and qualified purchasers.
No product launch confirmed
The partnership is expected to involve joint market development, technical implementation, product development, and ecosystem education. However, the companies said any products or services considered under the MOU remain subject to applicable laws, regulatory approvals, and their respective internal approval and compliance processes.
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