Hanwha builds tokenized securities platform on Avalanche ahead of South Korea’s new law

Hanwha launches tokenized securities platform on Avalanche

Hanwha Investment & Securities, a major South Korean brokerage, has finished building a platform that issues tokenized securities on the Avalanche blockchain. The platform was developed with blockchain firm FairSquare Lab and can also run on Hyperledger Besu.

Key points

• Construction started in 2025 and is now complete.
• The system supports multiple blockchain networks, including Avalanche (a high‑throughput public chain) and Hyperledger Besu (a permissioned ledger).
• South Korea’s new amendments will recognize tokenized securities as official registers starting 4 February 2027.
• The Financial Services Commission (FSC) will roll out tokenization in three stages, beginning with private money‑market funds, bonds and unlisted stocks.
• Hanwha holds a 9.6 % stake in Securitize and recently invested 30 billion won in Digital Asset’s Canton Network operator.

Details from Seoul Economic Daily

The Seoul Economic Daily reported that Hanwha began the project in 2025 with FairSquare Lab. The platform is designed to issue digital tokens that represent ownership of securities, allowing trading on supported blockchains.

Regulatory context from the Financial Services Commission

The FSC announced a three‑stage roadmap for the upcoming securities‑token amendments. When the law takes effect on 4 February 2027, tokenized securities will be recorded on distributed ledgers and integrated into the existing capital‑markets system.

What is confirmed

• Hanwha Investment & Securities has completed a tokenized securities platform on Avalanche.
• The platform was built with FairSquare Lab and supports multiple networks.
• South Korea’s amendments to legalize tokenized securities will be effective on 4 February 2027.
• The FSC’s implementation plan includes private money‑market funds, bonds, unlisted stocks and fractional securities.

Why it matters

By issuing securities as digital tokens, the platform could make trading faster and cheaper. The regulatory changes give legal certainty, allowing investors to hold and settle tokenized assets on‑chain, potentially using stablecoins for payment.

What happens next

The FSC will begin the first stage of tokenization in 2027, starting with privately placed funds and bonds. If the pilot succeeds, the regulator plans to expand tokenization to all publicly offered securities and develop on‑chain payment rails.

Sources

• The Block