TechFlow news: According to News1, KB Securities, NH Investment & Securities, and Shinhan Investment & Securities have announced the signing of a business agreement to jointly form a consortium for a tokenized securities company, collectively entering the tokenized securities market.
Each of the three companies has independently developed systems for issuing tokenized securities and established blockchain advisory units. However, judging that initial market expansion would be limited, they decided to collaborate on a joint project to form a unified advisory body.
The three firms plan to build shared infrastructure and verify distributed ledger technology, jointly respond to regulations on tokenized securities, establish industry standards, and enhance services related to securities issuance and distribution.
