South Korea’s Roadmap for Tokenized Securities Issuance Unveiled
- The Financial Services Commission (SFC) will recognize tokenized securities legally starting Feb. 4, 2027.
- Phase one includes legal recognition for institutional money market funds, bonds, unlisted stocks, and fractional investment securities.
- Phase two aims to expand tokenization to all publicly offered securities.
- The final phase will focus on enabling on-chain payments linked to stablecoins.
- The roadmap is part of the implementation of the amended Capital Markets Act and Electronic Securities Act.
This initiative marks a significant step in South Korea’s efforts to establish a regulatory framework for tokenized assets, following plans announced earlier this year for detailed rules by the SFC in time for the full rollout in early February.
With the first phase set to begin in February, South Korea is positioning itself as a leader in tokenization within capital markets.(Source)