Securitize's stock price jumped nearly 8% on Tuesday after the company announced a partnership with LG CNS, a South Korean tech firm, as the country prepares to implement new rules for tokenized securities. The partnership aims to develop tokenized assets and digital infrastructure for South Korean financial institutions. The agreement comes as South Korea is set to introduce a framework for tokenized stocks, bonds, and funds in February 2027. Securitize, which began trading on the New York Stock Exchange in July, has become a key player in the tokenized real-world asset market, which is valued at around $40 billion. The company's CEO has highlighted the potential impact of even modest adoption of tokenized assets on crypto markets. LG CNS also launched a blockchain infrastructure platform to support stablecoins and tokenized securities.
The partnership provides Securitize with an early advantage in South Korea as financial institutions prepare for the new regime. The market for tokenized stocks has repeatedly hit record highs as exchanges and financial institutions explore bringing traditional equities onchain. The new framework in South Korea is expected to further drive adoption of tokenized assets across the Asia-Pacific region.
Securitize's rise follows a broader trend in the tokenized real-world asset market, which has seen growth in tokenized stocks, private credit, and other yield-bearing assets.