Daol Investment & Securities Signs MOU with Koscom to Promote Token Securities Business

On the 12th, at the KOSCOM headquarters in Yeouido, Seoul, Hwang Junho, CEO of Daol Investment & Securities (left), and Yoon Changhyun, CEO of KOSCOM, signed the memorandum of understanding for the promotion of the token securities platform business and posed for a commemorative photo. Provided by Daol Investment & Securities

Daol Investment & Securities is joining forces with Koscom to build infrastructure for the token securities (STO) market.

On the 12th, Daol Investment & Securities announced that it had signed a memorandum of understanding (MOU) with Koscom to promote the token securities platform business. The signing ceremony took place at Koscom's headquarters in Yeouido, Seoul, and was attended by Yoon Changhyun, CEO of Koscom, Hwang Junho, CEO of Daol Investment & Securities, and other key officials from both companies.

This agreement was established as a strategic partnership to jointly build blockchain-based issuance and distribution infrastructure in preparation for the launch of the token securities market scheduled for next year.

The two companies plan to expand the scope of their cooperation across the entire token securities business, including developing blockchain platforms and related technologies, discovering underlying asset holders, and jointly developing new business models.

Daol Investment & Securities intends to leverage Koscom’s experience in capital market IT infrastructure to verify the interoperability of distributed ledger technology with securities firm systems. The company also plans to continue making investments and strategizing to secure next-generation capital market infrastructure and take the lead in new markets.

Previously, Daol Investment & Securities established a Platform Strategy Division last year and secured experts in fintech and digital assets. Additionally, the company participates as a shareholder in the KDX Consortium led by Korea Exchange and Koscom, collaborating on the establishment of Korea’s first over-the-counter token securities trading platform.

Hwang Junho, CEO of Daol Investment & Securities, stated, "We have proactively responded to token securities, recognizing them not just as a technological trend but as a core element transforming the entire financial industry. Through this agreement, we will work with Koscom to build a stable and trusted foundation for the token securities business."

Token securities refer to the concept of issuing and distributing securities defined under the Capital Markets Act in digital form using distributed ledger technology. They are characterized by the ability to securitize a wide range of assets, including real estate, artwork, and music copyrights.

Through its collaboration with Koscom, Daol Investment & Securities is accelerating the establishment of token securities issuance and distribution infrastructure and securing a leading position in the future digital capital market.

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