Samsung SDS wins deal to build South Korea’s blockchain securities system: Report
The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework.
Samsung SDS, Samsung’s information technology services subsidiary, will reportedly build a token securities platform for the Korea Securities Depository (KSD), moving South Korea’s central securities depository closer to operating blockchain-based securities infrastructure as the country prepares a legal framework for tokenized assets.
Samsung SDS won a contract to build and operate the platform for KSD, according to local reports from Yonhap News Agency and The Korea Times. The project is expected to be completed by February 2027 and will convert a technology verification testbed into a formal system capable of stable service operations.
KSD plans to link its existing electronic securities account system with blockchain-based distributed ledger data to strengthen tokenized securities issuance and rights management, according to the reports.