Hanwha Readies Tokenized Securities Platform for South Korea’s 2027 Pivot

The platform’s development aligns with the South Korean government's shift to recognize distributed ledgers as official securities registers under the Electronic Securities Act and Capital Markets Act. By February 4, 2027, the Financial Services Commission will initiate a phased rollout, initially allowing the tokenization of specific bonds, unlisted stocks, and fractional investment securities.

The Korea Securities Depository is currently building a central framework designed to bridge these private systems with the national electronic securities infrastructure. Hanwha’s choice to support Avalanche reflects broader institutional demand, mirroring recent moves in Japan where platforms like Progmat have adopted the network for its Ethereum Virtual Machine compatibility and institutional control features. Firms connecting to this new ecosystem must pass rigorous stability tests, though they will not require additional licenses for these activities, provided they stay within their existing regulatory scope.