South Korea Proposes Tokenized Securities Framework for 2027

Edwin Mata discussed South Korea's proposed framework for tokenized securities, which is set to take effect in 2027. The framework would permit stocks, bonds, and investment funds to operate under the new system, which includes requirements for capital, compliance personnel, and technology systems. Mata also noted that tokenized assets reached approximately $33.9 billion across four asset classes in the third quarter, representing growth exceeding 140%.

The proposed rules for retail OTC markets would impose annual purchase limits for individual investors. For institutions, the framework requires designated account managers and involvement from the Korea Securities Depository, but legal certainty regarding which record determines ownership when systems disagree remains a central issue for scaling these assets.