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Samsung Set to Build South Korea’s Token Securities System

Samsung Set to Build South Korea’s Token Securities System. Source: TechGaged / Shutterstock

Samsung Set to Build South Korea’s Token Securities System

In Brief

  • • Samsung SDS has been selected to build a tokenized securities platform for Korea Securities Depository.
  • • The platform will evolve from a test system into a full-scale solution supporting issuance, management, and trading functions.
  • • The company targets a 2027 launch.

Samsung SDS has apparently been chosen to build a token securities platform for the Korea Securities Depository (KSD), which is expected to go live by February 2027, as the country moves towards its own tokenized assets legal framework.

Samsung SDS is the giant Samsung’s information technology services subsidiary. Local news agencies, namely The Korea Times and Yonhap News Agency, have reported on Wednesday that this company won the contract for the project. This is both a significant step for Samsung, but also for South Korea as it moves towards blockchain-based systems.  

“Through this project, we will support the revitalization of the token securities market and make it a leading success story in the digital asset sector,” said Lee Jung-hun, Vice President and Head of Strategy Marketing at Samsung SDS (via Yonhap News Agency).

Converting the testbed into a full-fledged system

This is not the first for Samsung SDS. As part of KSD’s tokenized securities roadmap, the company was involved in the 2024 function-analysis consulting, as well as constructing the testbed platform in 2025.

Now, Samsung SDS will move to transform its technology verification-focused testbed into a formal and stable system capable of handling live transactions.

It will build key infrastructure to run the platform as well. This includes a gateway system, a framework for operating and managing blockchain nodes, and a distributed ledger system architecture, The Korea Times writes, adding:

“Samsung SDS will implement a total volume management system that monitors issuance and circulation of tokenized securities in real time, ensuring transparency across all transactions, which will allow market participants to trade with confidence.”

Moreover, KSD will connect the current electronic securities account system with blockchain-based distributed ledger data.  It will “strengthen the functions of issuing token securities and managing rights.”

And, Yonhap’s report says:

“This project is designed to upgrade the Korea Securities Depository’s key infrastructure in preparation for the future institutionalization of token securities and market expansion.”

Samsung SDS plans to complete this system by February next year, potentially riding the wave of the growing demand grows tokenizing financial products globally.

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