South Korea's FSC brings securities market onchain on Avalanche
South Korea's Financial Services Commission (FSC) has published rules allowing stocks, bonds, and funds to be issued and circulated onchain beginning February 2027, with Avalanche at the center of the framework. The FSC is also bringing the country's central securities depository onchain, with KSD (Korea Securities Depository) building on Avalanche, laying the groundwork for national capital-markets infrastructure to run on distributed ledgers. The move targets Korea's $5T+ stock market, signaling a path for mainstream securities to move onto the network.
- Cointelegraph reported the development as breaking news, and Avalanche reshared the coverage on its official X account.
- Follows Korea's earlier KRW1 won-backed stablecoin work on Avalanche as the country's onchain financial footprint expands.
Sources
- RT @stabledash: Korea's FSC is bringing its central securities depository onchain, with KSD building on Avalanche / @avax @cryptoreine, To…x.com ↗
- RT @Cointelegraph: 🇰🇷 JUST IN: South Korea unveils rules allowing stocks, bonds and funds to move onchain from February 2027, with its secu…x.com ↗
- BREAKING: 🇰🇷 South Korea unveils rules to bring its $5T+ stock market onchain, with Avalanche infrastructure The Financial Services Commission just published new rules allowing stocks, bonds and funds to be issued and circulated onchain beginning February 2027. At the center is https://t.co/S83KWvbdMyx.com ↗
