South Korea targets Feb. 2027 tokenized securities market

South Korea's Financial Services Commission has unveiled a three-stage plan to tokenize all securities. The phased roadmap starts with private bonds and funds for institutional investors in February 2027, expands to public equities, and culminates in stablecoin settlement on-chain.

• The plan moves conventional capital markets onto distributed-ledger rails in stages.
• The final phase incorporates stablecoin settlement into the tokenized market infrastructure.