Koscom Signs Business Agreement with BNK Investment & Securities for Token Securities Platform Project

KOSCOM announced on the 31st that it signed a memorandum of understanding (MOU) the day before to jointly promote the token securities platform business with BNK Investment & Securities.

On the 30th, at the Koscom headquarters, Lee Seung-beom, Executive Director of Koscom (right), and Lee Sang-seon, Executive Director of BNK Investment & Securities, signed a memorandum of understanding (MOU) to promote the token securities platform business and took a commemorative photo. (Provided by Koscom)

This agreement marks the fifth partnership KOSCOM has made with securities firms related to the token securities business. Previously, KOSCOM signed MOUs starting with Kiwoom Securities last year, and this year with Daishin Securities, IBK Investment & Securities, and Yuanta Securities.

KOSCOM has built a joint token securities platform in cooperation with Kiwoom Securities. Through this agreement with BNK Investment & Securities, the efficiency and scalability of KOSCOM’s joint token securities platform are expected to be further enhanced.

BNK Investment & Securities plans to develop financial products that tokenize various high-value assets such as real estate and artworks, making them easily accessible to small investors through this agreement.

Seungbeom Lee, Executive Director of KOSCOM, said, "This MOU with BNK Investment & Securities is expected to be an important stepping stone for discovering excellent financial products and revitalizing the token securities market. We plan to continue supporting multiple securities firms to reduce their IT costs and improve the efficiency of token securities issuance, and furthermore, contribute to enhancing Korea’s competitiveness in the global token securities market."

□ Sangseon Lee, Executive Director of BNK Investment & Securities, said, “Through collaboration with KOSCOM, we will prepare innovative and attractive token securities products to increase competitiveness in the market.”

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