Siebert Financial Corp., a Nasdaq-listed financial services company, has agreed to serve as the U.S. partner for Kakao Pay Securities in a plan to bring tokenized trading access to Korean stocks for American investors. The two companies said they intend to use the K-Stock Global Gateway framework to explore how Korean equities could be offered in tokenized form, giving U.S. investors exposure outside the regular trading hours of the Korea Exchange. Kakao Pay Securities said it holds about 9 million stock accounts in South Korea. The companies also plan to study whether tokenized securities could support T+0 settlement. Their initial target is to launch the tokenized trading service in the first half of 2027. Any rollout, they said, would be subject to regulatory requirements in both the United States and South Korea, as well as investor protection standards.
Siebert Financial Corp., a Nasdaq-listed financial services company, has agreed to become the U.S. partner of Kakao Pay Securities for a planned tokenized trading service tied to Korean stocks.
The two companies said they plan to use K-Stock Global Gateway to offer U.S. investors tokenized access to Korean equities. Kakao Pay Securities holds about 9 million stock accounts in South Korea.
Launch target set for the first half of 2027
Under the plan, the firms will explore tokenization of Korean stocks so that U.S. investors can access them outside the regular trading hours of the Korea Exchange. They also intend to study whether tokenized securities can support T+0 settlement.
The initial tokenized trading service is targeted for launch in the first half of 2027. The companies said any implementation would need to comply with regulatory requirements in both the United States and South Korea, along with investor protection standards.
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