South Korea’s tokenized securities market seen with $7.4B growth potential

South Korea’s tokenized securities market could grow to around 10 trillion won ($7.4 billion) even under an assumed penetration rate of under 1% ahead of the planned launch of the tokenized securities framework in February next year, Maeil Business Newspaper reported. In a recent report analyzing South Korea’s tokenized financial asset market, Korea Investors Service said on Sept. 11 that if listed stocks, corporate bonds and government bonds can be issued as tokenized securities for retail and institutional investors, the market could reach about 10 trillion won ($7.4 billion) even assuming a market penetration rate of 0.1% to 0.2%.

Source: Coinness