Samsung SDS To Build KSD Tokenized Securities Platform
Summary
Samsung SDS, the IT services arm of Samsung, has secured a contract to build and operate a tokenized securities platform for the Korea Securities Depository (KSD). Scheduled for completion by February 2027, the project aims to integrate KSD’s existing electronic securities system with blockchain technology to support the issuance and management of tokenized assets. This initiative aligns with South Korea’s recent legislative amendments, which legally recognize distributed ledgers as securities registries and position the KSD at the heart of the nation’s future digital financial infrastructure.
(Source:Cointelegraph)