ChainCatcher report: The Korea Exchange (KRX) plans to launch a new securities market on November 16, allowing assets such as art, real estate, and music copyrights to be traded like stocks through securities accounts. According to reports, KRX is currently advancing the development of the related trading system and preparing market participants, with a six-week simulated trading period scheduled from October 6 to November 13. The official launch date may be adjusted based on the financial regulator’s approval timeline for listed products. After the market opens, investors will be able to buy and sell through securities firm accounts during standard stock market hours. Analysts believe that South Korea’s security token offering (STO) industry is at a critical turning point; although the new securities launching in November will initially be issued and registered using traditional electronic securities methods, tokenized securities based on blockchain distributed ledger technology will gradually be implemented after the relevant laws take effect in February 2027.
South Korea to Launch New Securities Market in Mid-November, STO Sector at Key Inflection Point
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Summary
South Korea is set to launch a new securities market on November 16, marking a major market update. The Korea Exchange (KRX) will enable trading of assets such as art, real estate, and music copyrights through securities accounts. A six-week simulation will run from October 6 to November 13. The STO sector is at a turning point, with new token listings expected to follow once blockchain-based securities regulations take effect in February 2027.
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