- South Korea’s three-phase roadmap will bring private funds, bonds, stocks and fractional securities onchain from February 2027.
- The final phase aims to connect tokenized securities with stablecoin payments while maintaining investor protection and subscription limits.
- Avalanche-related projects are expanding in Korea, including tokenized funds, trade receivables, won stablecoins and payment infrastructure.
South Korea has outlined a three-phase plan to put stocks, bonds and funds onchain, with Avalanche presenting its network as the infrastructure behind it. The Financial Services Commission and Korea Securities Depository announced the roadmap September 4, 2026, covering issuance, trading, clearing, settlement and investor rights for a digital capital market.
South Korea Sets Three-Phase Tokenization Roadmap
According to the Financial Services Commission, the plan starts after amendments take effect February 4, 2027. Phase one covers private funds, institutional bonds, unlisted stocks and publicly offered fractional investment securities.
Phase two expands tokenization to all publicly offered securities. Meanwhile, phase three links onchain settlement with stablecoin-based payments, while standards set retail subscription caps and investor protection rules.
The Korea Securities Depository will screen distributed ledger connections for participating firms. Notably, the roadmap gives KSD a role in connecting tokenized securities with existing market infrastructure.
Avalanche Points to Korean Institutional Projects
Avalanche has separately described the initiative as powered by its network. However, the supplied material distinguishes that claim from the official regulatory announcement. POSCO International tokenized trade receivables on Intain’s Avalanche-based Layer 1 on August 25, 2026.
Olea, backed by Standard Chartered’s SC Ventures, bought the receivables with capital. Intain used AI to reconcile invoices and shipping documents before recording the receivables onchain. The parties plan to explore stablecoin cross-border settlement and digital treasury tools.
Mirae Asset Global Investments, which manages about $316 billion, signed an MOU with Ava Labs for tokenized funds. The work covers investor reporting, distributions and transfer agent operations.
Korean Projects Expand Avalanche-Related Activity
Woori Bank participates in the KRW1 won stablecoin with custody firm BDACS. The bank fully collateralizes it with escrowed won.
Meanwhile, payment processor NHN KCP, which handled about ₩51.5 trillion in 2025, is building Korea’s first payment-dedicated chain on AvaCloud. Danal Fintech is developing a compliant stablecoin Layer 1 through AvaCloud inside the regulatory sandbox.
Additionally, NHN Cloud added first-party validator support using finance-grade instances. WeBlock also signed an MOU for Korea-focused real-world asset infrastructure. Boston Consulting Group projects the resulting tokenized market at roughly ₩367 trillion by 2030.
