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      Securitize and LG CNS Collaborate to Enhance Tokenization in South Korea

      On October 6, 2026, LG CNS, a major IT services provider in South Korea, launched its blockchain platform, KITL, and announced a partnership with Securitize, a global leader in tokenization. This collaboration aims to facilitate the tokenization of funds and bonds for South Korean financial institutions ahead of new regulatory frameworks expected to be implemented in February 2027.

      The KITL platform, which stands for Keystone of Institutional Trust Landscape, is designed to support stablecoins, tokenized securities, and real-world asset services. It targets a range of financial players, including banks, securities firms, and payment providers. The partnership with Securitize will focus on developing solutions that align with South Korea's regulatory requirements for tokenizing financial assets.

      LG CNS has previously validated its technology through the Bank of Korea's Project Hangang, which involved seven banks and approximately 80,000 customers. The KITL platform aims to reduce operational costs and expedite deployment for institutions preparing for upcoming regulations. However, specific tokenized products or live issuances have not yet been announced, leaving the market awaiting further developments.

      As South Korea approaches its regulatory deadline, the partnership between LG CNS and Securitize is positioned to play a significant role in shaping the landscape for tokenized securities in the country. Key points of interest will include the finalization of the February 2027 rules, the announcement of initial tokenized products, and the participation of local financial institutions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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