Hanwha taps Avalanche for tokenized securities platform in South Korea

Hanwha Investment & Securities has reportedly completed a tokenized securities platform supporting Avalanche as South Korea prepares to bring blockchain-based securities into its regulated capital markets system in February 2027. Summary Hanwha has reportedly built a tokenized securities platform supporting Avalanche and Hyperledger Besu. South Korea’s tokenized securities amendments are scheduled to take effect on Feb. 4, 2027. The FSC plans to initially allow tokenization of certain funds, bonds, unlisted stocks and fractional securities. Hanwha has expanded its tokenization investments through stakes in Securitize and Digital Asset. Seoul Economic Daily reported Sunday that the South Korean brokerage began developing the platform with blockchain technology firm FairSquare Lab in 2025. The system was built to operate across multiple networks, including Avalanche and enterprise Ethereum client Hyperledger Besu. Development has come ahead of amendments to South Korea’s Electronic Securities Act and Capital Markets Act taking effect on Feb. 4, 2027. The changes will legally recognize distributed ledgers as securities registers and allow tokenized securities to operate within the...