Hana Securities and Upbit Global sign digital asset MOU
- —The MOU was signed on the 11th at Hana Securities' headquarters in Yeouido, Seoul
- —The cooperation will cover business model, product and infrastructure development, and joint investments
- —Hana Securities aims to enter the STO market with a platform to tokenize stocks, bonds and funds
- —International expansion is planned through Singapore using both parties' licenses
Why it matters: A major traditional broker is entering Korea's crypto infrastructure, which could accelerate institutionalization and asset tokenization in the region.
Source: Bloomingbit