DeFi· ★★· neutral·

Meritz Securities to pilot ship fractional investing in November, expand into STO next year

  • —Meritz Securities and KOBC are preparing a ship fractional-investment pilot for November
  • —KOBC will issue debt-type trust certificates on vessels and targets a KRX listing by year-end
  • —Kang Byung-ha: RWA revenue for financial firms is near zero, with a 3–5 year investment horizon
  • —The firm plans to expand into tokenized securities (STO) once rules take effect
Why it matters: The case shows how Korean brokers are building tokenization infrastructure for RWA ahead of full STO regulation.
Source: Bloomingbit