Securitize partners with LG CNS to develop tokenized assets in South Korea
Securitize and South Korean technology firm LG CNS signed a memorandum of understanding on Oct. 6, 2026 to build tokenized‑asset products and digital‑asset infrastructure for Korean financial institutions. The collaboration will focus on market development, technology solutions and stablecoin and tokenized‑securities infrastructure, subject to Korean regulatory approval. The announcement sent Securitize’s shares up about 8% to roughly $12.60.
Why it matters
The partnership gives Securitize an early foothold in South Korea ahead of the country’s tokenized‑securities framework expected to take effect on Feb. 4, 2027, potentially expanding its addressable market. The stock rally reflects investor optimism about growth opportunities in the $40 billion real‑world asset tokenization market.
Key facts
- 1Securitize and LG CNS signed a memorandum of understanding on Oct. 6, 2026. investing.com
- 2Securitize manages approximately $5 billion in assets under management as of September 2026. investing.com
- 3Securitize’s shares rose nearly 8% to around $12.60 after the announcement. tradingview.com
- 4South Korea’s Financial Services Commission proposed a tokenized‑securities framework to take effect in February 2027. tradingview.com
- 5The real‑world asset tokenization market is about $40 billion. tradingview.com
- 6Securitize reported Q2 2026 revenue of $14.4 million, a 5% decline, and a net loss of $21.7 million. finance.yahoo.com
Summary written by AlphAI from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.