South Korean brokerage Hanwha Investment & Securities has completed a tokenized securities platform built on Avalanche, a Sunday report from Seoul Economic Daily says. The move lands months before South Korea's new securities-token rules take effect on Feb. 4, 2027, and follows years of tokenization bets by Hanwha.
Hanwha Investment & Securities has finished building a tokenized securities platform on Avalanche, according to a Sunday report from Seoul Economic Daily. The brokerage started developing the system in 2025 with blockchain technology firm FairSquare Lab, designing it to run across multiple networks, including Avalanche and Hyperledger Besu.
Regulation takes effect in February
South Korea's amendments to the Electronic Securities Act and Capital Markets Act take effect Feb. 4, 2027, legally recognizing distributed ledgers as securities registers and folding tokenized securities into the existing capital markets system. The Financial Services Commission unveiled a three-stage implementation roadmap on Sept. 4, starting with privately placed money market funds, bonds, unlisted stocks held through a trust wrapper, and fractional investment securities.
If that first stage succeeds, the regulator wants to open tokenization to all publicly offered securities and eventually build onchain payment rails that let investors settle tokenized securities with stablecoins.
Korea Securities Depository builds bridge to Avalanche
The Korea Securities Depository is preparing infrastructure capable of connecting with Avalanche, Hyperledger Besu and Hyperledger Fabric, giving securities firms several blockchain options as they build for the incoming framework. Demand from financial companies influenced the inclusion of Avalanche: a KSD official told Seoul Economic Daily that several companies had requested support through industry consultations and existing projects.
Participation will stay limited to approved institutions, with the depository itself joining the networks to oversee total issuance and electronic registration.
Hanwha deepens its tokenization bets
Hanwha has spent several years building positions across companies involved in blockchain and tokenization. The Hanwha Group built a 9.6% stake in Securitize (SECZ) across three affiliates, becoming its largest shareholder. Separately in July, Hanwha's investment and securities arm disclosed a 30 billion won ($22.3 million) investment in Canton Network operator Digital Asset.
Boston Consulting Group estimates South Korea's tokenized securities market could reach roughly 367 trillion won, or about $250 billion, by 2030.
Sources: The Block, crypto.news, Crypto Briefing
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