Korea Investment & Securities Signs Business Agreement with Bysell Standard for Token Securities Product Supply

Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 17th that it signed a business agreement with Bisell Standard on the 13th to jointly develop token securities services.

Through the agreement, both companies will collaborate comprehensively to supply token securities products by ▲commercializing investment products such as investment contract securities and non-monetary trust beneficiary certificates ▲building infrastructure to supply investment products within the issuance platform ▲establishing processes related to trust contracts.

Bisell Standard operates the physical asset fractional investment platform 'PIECE.' It is expanding the scope of fractional investment targets from artworks and luxury goods to ships. The company has successfully carried out numerous blockchain-related projects, including developing its own blockchain mainnet for token securities issuance.

In March, the consortium 'Korea Investment ST Friends,' established by Korea Investment & Securities in partnership with Kakao Bank, Toss Bank, and others, has been focusing on commercializing token securities by signing business agreements with various content companies across different categories such as Funderful and ValueMap. With the addition of Bisell Standard, it is expected that the supply of innovative financial products through the issuance platform will accelerate further.

Choi Seoryong, Head of the Platform Division at Korea Investment & Securities, said, "We have high expectations as a partner with outstanding competitiveness in digitizing physical assets has joined us," adding, "We will accelerate preparations to securitize various contents encountered in daily life through token securities."

Shin Beomjun, CEO of Bisell Standard, stated, "We are pleased to work with Korea Investment & Securities in creating innovative financial products based on token securities," and added, "Going forward, together with Korea Investment ST Friends, we will grow into a platform that leads the digital transformation of valuable physical assets beyond fractional investment."

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