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Samsung SDS wins South Korea token securities deal
Samsung SDS wins South Korea token securities deal

Samsung SDS wins South Korea token securities deal

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Samsung SDS has reportedly secured a contract to build and operate a blockchain-based token securities platform for the Korea Securities Depository ahead of South Korea’s new digital asset framework.

The platform is expected to be completed by February 2027 and will transform an existing technology verification testbed into a full operational infrastructure system for tokenised securities services.

The Korea Securities Depository plans to integrate its current electronic securities account system with blockchain-based distributed ledger technology to improve tokenised securities issuance and rights management.

Samsung SDS previously worked on the depository’s token securities initiatives through consulting and testbed construction projects completed in 2024 and 2025, according to local reports.

The development comes as South Korea prepares to formally legalise tokenised securities through amendments to the Electronic Registration Act and the Financial Investment Services and Capital Markets Act.

The Financial Services Commission said the revised Electronic Registration Act recognises blockchain-based distributed ledgers as legally valid securities registries under South Korean law.

The regulator also confirmed that token security issuers will need to apply for electronic registration with the Korea Securities Depository, placing the institution at the centre of the country’s future tokenised securities infrastructure.

South Korea’s Financial Services Commission launched a joint public-private consultative body on security tokens in March to help develop rules covering infrastructure, issuance, circulation and settlement systems.

The new legal framework is scheduled to take effect on Feb. 4, 2027, closely aligning with Samsung SDS’s target completion date for the blockchain securities platform.

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