The Korea Finance Commission advanced the stock monetization pilot with the implementation of the securities monetization law in 2027
According to digitalasset, the Korea Finance Commission has indicated that it will promote the validation and piloting of the monetization model for listed shares, with the Korea Exchange (KRX) at the centre of the pilot project in the New York Stock Exchange and NASDAQ. At the same time, the monetization of unlisted shares is promoted on a trust basis. The first phase of the road map, to be implemented in conjunction with the February 2027 Securities-based Currency Code, will include private money-market funds, private bonds and non-listed shares, which will be expanded to include public collection products for ordinary investors, and, following the stabilization of currency legislation, will promote the settlement of securities and settlement funds on the chain of blocks。
