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Koscom Partners with Hyundai Motor Securities for Token Securities Platform
Technology Services · Information Technology Services · yonhap_finance · 2026-09-02
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Koscom has signed an MOU with Hyundai Motor Securities to collaborate on the development and implementation of a token securities platform.
What Happened
Strategic Partnership: Koscom and Hyundai Motor Securities have entered into a memorandum of understanding to advance their token securities platform business. The collaboration focuses on system integration, asset identification, and the development of issuance processes.
Platform Development: Koscom is actively preparing its 'KoSTO' joint platform ahead of the regulatory implementation scheduled for next February. The company has already finalized its issuance infrastructure with LG CNS and completed pilot testing with the Korea Securities Depository.
Market Expansion: With the addition of Hyundai Motor Securities, a total of 13 brokerage firms are now collaborating on the Koscom joint platform. This reflects a growing trend among financial institutions to leverage shared infrastructure for tokenized assets.
Future Outlook: Leadership from both firms expressed confidence that this partnership will lower entry barriers for financial companies and facilitate the launch of innovative, secure tokenized investment products.