Odaily Planet Daily News Hankook Investment & Securities, a subsidiary of Korea Financial Holding Company, has completed the construction of the industry’s first token securities (ST) issuance infrastructure.
Korea Investment and Securities announced that the token securities consulting agency "Korea Investment ST Friends" has developed the infrastructure to implement the processes required for the issuance and clearing of token securities and has completed a pilot issuance.
It is reported that token securities are digital securities issued using distributed ledger technology. The rights to physical assets such as real estate, ships, aircraft, and artwork can be securitized and converted into "security digital assets" to realize scattered investments. (Decenter)