#KoreaProposesTokenizingStocksAndBonds South Korea has announced a three-phase roadmap for tokenizing traditional securities, including stocks, bonds and funds, using blockchain-based infrastructure. The first phase is scheduled to begin in February 2027, starting with certain institutional bonds/MMFs, unlisted stocks through trust structures, and publicly offered fractional investment securities. The scope is expected to expand later to publicly offered securities. Market Impact: This is a significant development for the Real-World Asset (RWA) and security-token sector, as it shows another major financial market moving toward blockchain-based securities infrastructure. Key Point: South Korea is not simply adopting crypto trading — it is exploring blockchain for the issuance, trading, clearing and settlement of traditional financial assets. The final phase also envisions on-chain settlement linked to stablecoins, subject to further legislation and implementation.