Securitize and South Korean technology company LG CNS said they have signed a strategic memorandum of understanding to explore tokenized-asset products and onchain market infrastructure for South Korean financial institutions. In an Oct. 6 announcement, the companies said they plan to combine Securitize’s regulated tokenization infrastructure with LG CNS’s technology capabilities and its ties to Korea’s financial sector.
“South Korea has one of the world’s most sophisticated technology and financial markets, making it an important market for the next phase of institutional tokenization,” Securitize co-founder and CEO Carlos Domingo said in the release.
Three areas of collaboration
The companies outlined three main areas of focus.
The first is market development. Securitize and LG CNS said they will assess demand among Korean and broader Asia-Pacific financial institutions for stablecoins and tokenized securities, while also working on joint education efforts and institutional use cases.
The second is technology and product work. The companies said they intend to explore tokenization tools tailored to Korean institutions and to the country’s evolving regulatory framework.
The third is digital asset infrastructure, including stablecoin infrastructure and digital asset treasury solutions.
Subject to applicable laws and regulatory approvals, the companies said they will also explore infrastructure that could eventually link Korean markets to global ones and support 24/7 distribution, execution, and settlement of tokenized securities and stablecoins.
Hongkeun Kim, executive vice president at LG CNS and head of its Digital Business Division, said, “Korea is entering a pivotal phase in asset tokenization.”
No financial terms or launch timeline disclosed
The announcement did not disclose financial terms, a launch timeline, or any named product. It said any initiative contemplated under the agreement remains subject to applicable laws, required regulatory approvals, and each company’s internal approval and compliance processes.
The companies also said they will explore established tokenized products, including institutional tokenized funds, where law and regulation permit.
Korean regulatory backdrop
The partnership was announced after a rule proposal from South Korea’s Financial Services Commission. On Oct. 1, the regulator proposed revisions to implement securities tokenization starting Feb. 4, 2027, covering stocks, bonds, funds, and fractional investment securities. Public comment will run through Nov. 11.
Second Korean tie-up in about two weeks
This is Securitize’s second Korean partnership in roughly two weeks. On Sept. 23, Securitize, KB Securities, and Optimism announced an MOU targeting a tokenized money market fund and a fund built on a KB Asset Management strategy as initial products.
Securitize, which began trading on the New York Stock Exchange under the ticker SECZ on July 2, said in the release that it had approximately $5 billion in assets under management as of September.