Hanwha Securities to Launch Digital Asset Platform, Develops Blockchain
Hanwha Investment & Securities, a South Korean brokerage, announced plans to enter the digital asset space with a new platform and the development of its own blockchain. The move positions Hanwha alongside other major Korean firms already building infrastructure for tokenized securities as the country prepares to introduce supporting legislation.
While currently ranking 15th among korean securities firms, Hanwha’s entry signals growing industry confidence in the future of digital assets. Korea Investment & Securities, Mirae Asset Securities, and Nonghyup have been developing related solutions for several years. Hanwha’s decision to build a public blockchain – aligning with a trend among domestic brokerages toward web3 and ‘mainnet’ technologies - suggests a focus on open, accessible infrastructure rather than permissioned chains.
The forthcoming legislation is expected to provide a regulatory framework for the issuance and trading of digital securities,potentially unlocking new investment opportunities and streamlining capital markets. Hanwha’s platform aims to capitalize on this evolving landscape,offering a new avenue for investors to participate in tokenized assets.