Kakaopay Securities, Dinari Team Up to Tokenize Korean Stocks
The partnership will apply Dinari's blockchain infrastructure to Korean-listed equities and build a framework for distributing them internationally.
Kakaopay Securities and California-based fintech firm Dinari Inc. have announced a partnership aimed at bringing Korean-listed stocks to global investors through blockchain-based tokenization, the companies said Tuesday from Seoul and San Mateo.
Under the agreement, the two firms will explore applying Dinari's tokenization infrastructure to equities listed on Korean exchanges and work to establish a regulatory and operational framework for their cross-border distribution. The collaboration signals a broader push by South Korean financial institutions to tap international retail and institutional demand for Korean market exposure.
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Tokenization converts ownership rights in real-world assets — in this case publicly traded shares — into digital tokens that can be transferred and settled on a blockchain network. Proponents argue the technology can lower barriers to entry for foreign investors by streamlining compliance, custody, and settlement processes that traditionally complicate cross-border equity access.
The deal reflects growing momentum among Asian brokerages to experiment with tokenized securities as regulators in multiple jurisdictions begin to clarify rules around digital asset infrastructure. Kakaopay Securities, affiliated with the Kakao Group ecosystem, brings domestic market access and a retail customer base, while Dinari contributes its existing tokenization rails and experience navigating U.S. securities frameworks.
Terms of the partnership were not disclosed. Continue reading at Cryptocurrency.
