Securitize Rises 8% Following Partnership with LG CNS to Target the Korean Security Tokenization Market

Huo Xing Finance reports that on October 7, according to BIT (bit.com) market data, the security tokenization platform Securitize announced a memorandum of understanding with South Korean technology company LG CNS to explore tokenized products such as funds, equities, and stablecoins, aiming to drive adoption of tokenized assets and digital asset infrastructure among South Korean financial institutions. Following the announcement, Securitize (SECZ) rose nearly 8% to approximately $12.60 in early trading on Tuesday, before the gains moderated. Last week, the South Korean Financial Services Commission proposed a regulatory framework for security tokenization, planning to regulate the issuance and trading of tokenized equities, bonds, and funds starting February 2027. LG CNS has simultaneously launched a blockchain infrastructure platform to support banks and financial institutions with stablecoins and tokenized securities. Securitize has become a key player in the real-world asset (RWA) tokenization space, which currently has a market size of approximately $40 billion. As traditional financial institutions accelerate their exploration of on-chain equities, the market value of tokenized stocks has grown 10.6% over the past 30 days to around $3.2 billion. Securitize CEO Carlos Domingo previously stated that even limited adoption of tokenized equities could significantly expand the cryptocurrency market.