New STO Market: A New Opportunity for the Financial Industry?

The STO (Security Token Offering) market, which involves issuing and circulating real assets such as stocks, bonds, and real estate as blockchain-based digital tokens, is set to launch in Korea within the year.

Global financial firms have already entered the race to pre-empt the market by tokenizing bonds and stocks, with active trading in Europe and the US rapidly advancing its regulatory framework.

South Korea has laid the legal groundwork for issuing and circulating various securities in token form through the passage of related legislation, with implementation slated for February of next year.