Korea Investment & Securities Signs Business Agreement with ValueMap for Token Securities Service

한국금융지주 subsidiary Korea Investment & Securities announced on the 27th that it has signed a business agreement with the land and building transaction platform ValueMap to jointly develop a token securities (ST) service.

ValueMap is a proptech company with 600,000 monthly active users (MAU). It has a matching system that connects buyers, sellers, and brokers. It is also promoting a real estate securitization business utilizing its own IT capabilities such as AI-based automatic real estate valuation and big data analysis of real estate.

Korea Investment & Securities plans to use ValueMap's transaction data to discover undervalued high-quality real estate and commercialize token securities based on these assets. It will develop various types of revenue securities according to real estate ownership and leasing methods, and diversify product categories by securitizing commercial real estate such as lodging and retail facilities.

The token securities consortium "Korea Investment ST Friends," launched in March this year in partnership with KakaoBank, Toss Bank, and others, is building a token securities ecosystem by signing two business agreements just this month. Previously, Open Asset, Kakao Enterprise, and others joined the consortium as technical partners for developing a distributed ledger system for issuance, and the recent addition of ValueMap is expected to strengthen token securities content.

Choi Seoryong, Head of the Platform Division at Korea Investment & Securities, said, "Real estate requires a large amount of investment funds and lacks transaction information, making it the asset with the highest demand for securitization among individual investors." He added, "Through token securities, we plan to securitize various attractive types of real estate and expand investment options for investors."

This content was produced with the assistance of AI translation services.