Gov't Seeks Infrastructure to Tokenize Traditional Securities Beyond Fractional Investments
4 Articles
4 Articles
The Financial Services Commission is expanding the issuance of blockchain-based token securities to stocks, bonds, and funds. It plans to introduce them in stages starting next February and ensure market stability by establishing safeguards and trading limits for general investors.
Gov't seeks infrastructure to tokenize traditional securities beyond fractional investments
The government plans to build infrastructure to tokenize traditional securities such as stocks, bonds and funds, expanding security token offerings (STOs) beyond fractional investment products, as the system is set to launch next February. The Financial Services Commission and the Financial Supervisory Service unveiled the policy direction, Friday. Tokenized securities are digital representations of securities issued and traded through blockchai…
The Financial Services Commission (FSC) announced a policy direction for tokenized securities that goes beyond fragmented investments to encompass the tokenization of existing standardized securities. On the 4th, the FSC held the third meeting of the 'Public-Private Joint Tokenized Securities Consultative Body' with relevant institutions and private sector experts and unveiled its policy direction for tokenized securities. FSC Vice Chairman Kw…
Starting next February, the tokenization of private placement funds and bonds, unlisted stocks, and publicly offered fractional investment securities exclusively for institutional investors will be permitted.
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