Eugene Investment & Securities partners with BEATOZ to test stablecoin settlement for tokenized securities

Eugene Investment & Securities has partnered with blockchain developer BEATOZ to launch a proof of concept testing stablecoin settlement for tokenized securities. While current systems record ownership onchain, subscription payments still rely on traditional bank accounts. This trial aims to unify subscription, payment, and settlement into a single blockchain flow. The initiative aligns with South Korea's upcoming regulatory framework for tokenized securities, scheduled to take effect on February 4, 2027.

Eugene–BEATOZ stablecoin settlement pilot

• ▪Under the memorandum of understanding signed on Sept. 21 between Eugene Investment & Securities and BEATOZ, Eugene will provide its securities operations experience and infrastructure, while BEATOZ will contribute its hybrid blockchain technology
• ▪Eugene Investment & Securities signed a memorandum of understanding with blockchain company BEATOZ on September 21, 2026, to test stablecoin settlement for tokenized securities subscriptions.
• ▪The proof of concept agreed upon by Eugene Investment & Securities and BEATOZ under their memorandum of understanding signed on Sept. 21 will examine whether subscription, payment, and settlement can operate within a single blockchain-based system using stablecoins

Tokenized securities platform infrastructure

• ▪Eugene Investment & Securities built its tokenized securities platform in 2024 and participated in a Korea Securities Depository pilot project in 2025.
• ▪Eugene Investment & Securities is currently participating in Hana Financial Group's consortium working on a Korean won-denominated stablecoin.

South Korea 2027 regulatory framework

• ▪South Korea is preparing to formally introduce a regulated tokenized securities framework starting February 4, 2027, when amendments to the Electronic Registration Act take effect
• ▪The first phase of South Korea's three-stage tokenization plan, which begins when amendments to the Electronic Registration Act take effect on Feb. 4, 2027, will allow selected privately pooled money market funds, institutional bonds, unlisted stocks, and publicly offered fractional investment securities to be tokenized

Korea Securities Depository platform

• ▪Samsung SDS won a contract to build the Korea Securities Depository platform to support tokenized securities by connecting distributed ledger records with existing electronic securities account infrastructure.
• ▪The Korea Securities Depository infrastructure is being designed to connect with multiple distributed ledger options, including Avalanche, Hyperledger Besu, and Hyperledger Fabric.

Private-sector tokenization systems

• ▪Hanwha Investment & Securities completed a tokenized securities platform supporting Avalanche and Hyperledger Besu after starting development with FairSquare Lab in 2025.
• ▪Shinhan Asset Management and Plume signed an agreement in August 2026 to test an offshore, won-denominated tokenized fund backed by an ultra-short-term bond fund.
• ▪BNK Investment & Securities partnered with EverTreasure to arrange and distribute tokenized securities backed by cultural content as part of Koscom's joint tokenized securities issuance platform project