Overview
- Samsung SDS won the mandate to develop and operate KSD’s tokenized securities system, converting an existing testbed into a live platform targeted for February 2027.
- KSD will link its electronic securities accounts to a blockchain ledger so issuers can record ownership, manage investor rights, and verify records in one system.
- The platform will add real-time tracking of issuance and circulation along with gateway connections, blockchain node management, and a distributed-ledger architecture.
- Lawmakers cleared the path in January by allowing blockchain ledgers to serve as official registries, and the FSC’s March working group is writing the technical and settlement standards for the 2027 launch.
- The move shifts tokenized assets from pilots to core market plumbing in South Korea, echoing global work as DTCC prepares limited tokenized trades in 2026 and local tests explore blockchain settlement for government bonds.