As the New York Stock Exchange (NYSE) is pushing to launch a Blockchain-based tokenized stock transaction platform this year, Buysell Standards, which operates the security token offerings (STOs) platform "PIECE," said on the 24th that it discussed views with NYSE's top management on the direction of Korea's security token offerings (STOs) market.
Shin Beom-jun, CEO of Buysell Standards, attended the "Global capital market strategy dialogue between NYSE and Korean corporations" held in Yeouido, Seoul, on the 23rd–24th of this month, hosted by PierceVale. Shin held meetings for two consecutive days with Michael Harris, NYSE vice chair and head of global capital markets.
The event marked the first visit to Korea by NYSE top management in about 30 years and was arranged as a follow-up cooperation after President Lee Jae-myung's visit to the NYSE and the "Invest Korea Summit" in Sep. last year. Eight major corporations representing each industry, including Samsung, LG, Hanwha, and CJ, attended the event.
Global exchanges have recently been preparing for a Blockchain-based security token offerings (STOs) regime. The NYSE plans to launch a Blockchain-based tokenized stock transaction platform as early as the second quarter of this year, supporting 24-hour transactions and instant settlement. Its operator, ICE, also made a strategic investment in OKX, the world's No. 4 virtual asset exchange.
Nasdaq is also working with the virtual asset exchange Kraken to prepare a tokenized stock service for early 2027, and London Stock Exchange Group (LSEG) is pushing to build a Blockchain-based digital securities depository system (DSD).
A Buysell Standards official said, "This trend shows that security token offerings (STOs) are not confined to experiments by some digital asset operators but have entered a phase where the traditional capital market infrastructure itself is being reorganized."
Korea is also accelerating the institutionalization of security token offerings (STOs) this year by simultaneously advancing related legislation, distribution infrastructure, and enforcement decree design. According to Boston Consulting Group, the domestic security token offerings (STOs) market is expected to reach 367 trillion won by 2030.
Buysell Standards emphasized that, as a fractional investment corporation pursuing a multi-asset strategy, it possesses the systems and technological capabilities to issue various real-world assets with high scarcity—such as physical goods, artworks, vessels, and intellectual property (IP)—as security token offerings (STOs). It added that, as an initial shareholder and issuer in the Korea Exchange (KRX) consortium for the distribution platform KDX, it has also secured a structure that can link issuance and distribution.
Recently, Buysell Standards said it secured a strategic investment of 3 billion won from Xperix Group, a KOSDAQ-listed company, and began developing a patent IP security token offerings (STOs) product backed by the global patent portfolio of its affiliate Intellectual Discovery as the underlying asset. With SK Securities, it is preparing to structure security token offerings (STOs) backed by corporate finance assets, and it plans to handle K-content assets in a cross-border structure that connects domestic and overseas investors through BSFX, its Singapore subsidiary established last year.
A Buysell Standards official said, "Patent IP, K-content, and corporate finance are core asset classes through which Korea can differentiate itself beyond the real estate-centered early stage in the global security token offerings (STOs) market," adding, "As fast as global infrastructure is put in place, the reliability of the products that go on top of it will be key to gaining an early lead in the market."