Korea Securities Depository plans to launch the platform by February 2027, when new rules for tokenized assets are also expected to take effect in South Korea.
According to Korean media, KSD has been developing a blockchain-based system for the security token market for several years.
Yonhap News Agency and The Korea Times report that the project was awarded to Samsung SDS. The company will need to bring the platform to operational status and maintain it after launch. They aim to complete the work by February 2027. For now, the system remains in the testing phase.
In addition, KSD wants to link the blockchain registry with the existing electronic securities accounting system. This should simplify the issuance of tokenized assets and the registration of investor rights.
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Samsung SDS has already participated in KSD projects related to tokenized assets. According to Seoul Economic Daily, Samsung SDS has been working with KSD for more than a year. In 2024, the company helped with system preparation and analysis, and in 2025 joined the creation of the test platform.
Meanwhile, South Korea is already building infrastructure for the security token market in advance, without waiting for full regulatory rollout.
South Korea Prepares Foundation for Security Tokens
On January 15, the Financial Services Commission of South Korea (FSC) announced that the country's parliament approved amendments to the Electronic Registration Act and the Capital Markets Act. As a result, the country effectively obtained a legal basis for launching security tokens.
The FSC stated that the updated law allows the use of blockchain registries for securities accounting. At the same time, companies issuing tokenized assets will need to undergo official registration and register them through KSD.
In fact, it is Korea Securities Depository that will become the foundation of the future system for the security token market in South Korea.
On March 4, the FSC also launched a joint working group with participation from the government and private sector to prepare rules and infrastructure for security tokens.
The group will focus on four main areas: technology and infrastructure, token issuance, circulation, and settlement and clearing.
The launch of new rules and the entire infrastructure is scheduled for February 4, 2027. Around the same time, Samsung SDS expects to complete the KSD platform.
