South Korean investment firm Meritz Securities has signed a memorandum of understanding with the Canton Foundation to explore tokenizing domestic Korean financial assets and connecting them to international institutional markets. The partnership aims to convert traditional securities into blockchain-based tokens, facilitate cross-border liquidity, and use tokenized debt as collateral. This initiative could enhance the transfer and coordination of high-quality liquid assets across global platforms, though its success depends on evolving Korean regulations and institutional adoption. Meritz brings strong financial backing, while Canton offers a blockchain ecosystem with over 1,000 institutions, positioning the collaboration as a significant step toward integrating Korea's capital markets with global digital finance infrastructure.
The news about Canton entering South Korea and Meritz exploring tokenized finance deals is presented here with Pluang's market snapshot as of Oct 16, 2026 03:22 WIB. Among 50 major cryptocurrencies priced on Pluang, 34 rose and 15 fell today. Filecoin (FIL) traded at Rp20.405 with a 4.67% increase, Uniswap (UNI) was at Rp133.398 with a 4.57% rise, and Bitcoin Cash (BCH) stood at Rp4.992.948, up 3.43%.
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