Ondo Finance and Kakaopay Securities signed a memorandum of understanding to study how to distribute and potentially tokenize South Korean-listed equities for overseas investors. The initiative aims to create an international distribution framework, research tokenization infrastructure, and form a joint task force focused on overseas retail investors. Kakaopay Securities will manage the underlying shares through a foreign-investor omnibus account, allowing token issuance and redemption systems to be tested. Any commercial launch will depend on regulatory approvals and investor protection laws in South Korea and abroad, with the joint task force planned for 2026.
Ondo Finance and Kakaopay Securities' plan for tokenized access to South Korean stocks is presented here with Pluang market data as of Oct 07, 2026 23:32 WIB. On that day, out of 50 major cryptocurrencies tradable on Pluang, only 6 rose while 42 fell. Notable price changes include EOS up 8.13% to Rp12.649, DOT down 8.13% to Rp19.777, and SNX down 7.66% to Rp4.253, with DOT showing a Pluang order activity skewed 70% Sell to 30% Buy.
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