September 21st, according to Decenter, Hankook Investment & Securities, a subsidiary of South Korean financial holding company, has completed the construction of the industry's first tokenized securities (ST) issuance infrastructure. Hankook Investment & Securities announced that the tokenized securities consulting firm "Korean Investment ST Friends" has developed the infrastructure necessary to implement the process of tokenized securities issuance and settlement, and has completed a pilot issuance.

It is reported that tokenized securities are digital securities issued using distributed ledger technology. The rights to physical assets such as real estate, ships, airplanes, and artworks can be securitized and transformed into "securities-type digital assets" to achieve fractional investment.