Ondo, Kakaopay to Tokenize Korean Stocks for Global Investors
- —MOU signed on 28 September covers global distribution, tokenization infrastructure and retail access
- —Kakaopay Securities will run an omnibus account to source and custody Korean-listed shares
- —Firms will study token issuance, redemption and reconciliation of tokens against shares
- —Tokenized equities market reached about $3.2 billion by late September 2026
Why it matters: Korean equities could enter onchain markets for the first time, widening tokenization beyond US-listed stocks.
Source: CryptoNinjas