Securitize, a U.S. securities tokenization platform, has entered a strategic partnership with South Korean technology company LG CNS, according to Cointelegraph. The two companies signed a memorandum of understanding to jointly build tokenized asset and digital asset infrastructure for financial institutions in South Korea. Their planned work will focus on use cases tied to tokenized funds, equities, and stablecoins, while also targeting broader business opportunities across the Asia-Pacific region. The announcement came as South Korea moves toward a new regulatory framework for tokenized securities, with rules proposed by the Financial Services Commission expected to take effect in February 2027. Following the news, Securitize shares rose nearly 8% in Tuesday trading and reached an intraday high of about $12.60. On the same day, LG CNS also launched a new blockchain infrastructure platform designed to help traditional banks and financial institutions support stablecoin issuance and custody services.
Securitize, a U.S. securities tokenization platform, said it has formed a strategic partnership with South Korean technology giant LG CNS, according to Cointelegraph. The companies signed a memorandum of understanding to jointly develop tokenized asset and digital asset infrastructure for financial institutions in South Korea.
Focus on funds, equities and stablecoins
Under the agreement, the two companies will explore applications tied to tokenized funds, stocks and stablecoins. They also plan to pursue broader business opportunities across the Asia-Pacific market.
Deal comes as South Korea prepares new rules
The partnership was announced as South Korean regulators prepare to roll out new rules for tokenized securities. Management rules proposed earlier by the Financial Services Commission, or FSC, are expected to take effect in February 2027.
Securitize shares climbed, LG CNS launched a new platform
After the announcement, Securitize shares jumped nearly 8% in Tuesday trading and touched an intraday high of about $12.60. Separately, LG CNS launched a new blockchain infrastructure platform the same day, aimed at helping traditional banks and financial institutions support stablecoin issuance and custody services.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
