Hanwha Investment & Securities is developing a tokenized securities platform on Avalanche, moving ahead of South Korea’s new tokenized securities framework before it takes effect in 2027. According to The Block, the platform has been built with blockchain technology firm FairSquare Lab since 2025, and the design allows it to run on both Avalanche and the enterprise-grade Hyperledger Besu network.
South Korea sets a three-stage rollout for tokenized securities
South Korea’s Financial Services Commission, or FSC, has passed amendments that formally bring tokenized securities into the country’s existing financial system. The revised framework is set to take effect on Feb. 4, 2027.
The FSC plans to introduce the regime in three stages. The first stage will open the market to privately placed money market funds, bonds, unlisted shares issued through trust structures, and fractional investment securities. Later stages may expand the scope to all publicly issued securities and add stablecoin-based settlement rails.
Why Hanwha started early
For brokerages, the regulatory timeline has effectively become the starting signal. Getting the technology stack and the asset pipeline ready before the rules take effect would allow firms to list products as soon as the market opens. That is the reason Hanwha began work two years in advance.
Hanwha Group has been expanding its digital asset footprint
The Avalanche project is not Hanwha’s only move in the sector. Hanwha Group is the largest shareholder in U.S.-based tokenization platform Securitize, with a stake of about 9.6%. In July 2026, the group also invested 30 billion won, or about $22.3 million, in an operator related to Canton Network, entering the market for institutional privacy-focused settlement infrastructure.
By choosing Avalanche as the public-chain venue for this platform, Hanwha is effectively placing bets on both enterprise private-chain and public-chain tracks.
Competition in South Korea’s STO market is picking up
South Korea is one of the faster-moving markets in Asia’s tokenized securities, or STO, race. As the 2027 framework gets closer, alliances among brokerages, asset managers, and blockchain infrastructure providers are expected to accelerate. Whether Avalanche can strengthen its position in the institutional market through flagship clients such as Hanwha remains a key point to watch.