South Korea's Financial Commission has announced a comprehensive plan to tokenize securities in a three-phase rollout starting in February 2027. The initial phase will allow the issuance of tokenized private money market funds, corporate bonds, and selected over-the-counter stocks. Subsequent phases will expand this framework to include public securities.
Eventually, the plan includes implementing on-chain settlements utilizing stablecoins. Notably, existing brokers will not need additional licenses to manage tokenized assets, while retail investors will be limited to a maximum of 100 million won in net purchases annually on OTC platforms.
