Naver Pay and Seoul Exchange are moving to enter the token securities distribution market based on unlisted stocks, timed to coincide with token…
- Naver Pay and Seoul Exchange are preparing to enter South Korea's tokenized securities market for unlisted stocks in February, coinciding with new legislation.
- Both companies will leverage existing over-the-counter brokerage infrastructure to distribute tokenized equity securities to retail investors.
- The move aligns with South Korea's regulatory framework, which treats tokenized securities similarly to traditional financial products, focusing on the underlying rights rather than the issuance form.
Topics: Asset types, Legal regulatory, Institutional adoption, Alternative assets, Securities law classification, Asset manager initiatives
Tags: #naverpay #seoulexchange #tokensecurities #unlistedstocks #southkorea #stolegislation #retailinvestors #otcbrokerage #capitalmarketsact #financialservicescommission
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