The collaboration will target a tokenized money market fund and a tokenized fund based on a KB Asset Management strategy.
KB Securities, part of KB Financial Group, one of South Korea’s major financial-services groups, has signed a Memorandum of Understanding with Securitize and the Optimism Foundation to explore tokenized securities for institutional investors in Korea, the companies announced on Sept. 23.
The agreement will combine the securities firm’s capital-market capabilities with Securitize’s regulated digital securities infrastructure and Optimism’s blockchain network. The companies aim to build a framework covering the issuance and distribution of tokenized investment products.
The initial products are expected to include a tokenized money market fund and a tokenized fund based on one of KB Asset Management’s flagship strategies. The companies plan to consider additional products, including stocks, ADRs, corporate bonds and Korean government bonds, as South Korea develops its security-token rules.
KB Securities is also looking at offering existing tokenized funds from global asset managers to Korean institutional investors.
The partnership comes as South Korea moves toward a formal regulatory framework for tokenized securities.
The Financial Services Commission has said its policy direction will cover the phased tokenization of traditional securities including stocks, bonds and funds, with amended legislation scheduled to take effect in February 2027.
