Hanwha Investment & Securities has developed a tokenized securities platform supporting Avalanche as South Korea prepares to bring blockchain-based securities into its regulated capital markets. The infrastructure positions Hanwha ahead of the country’s planned 2027 legal framework for tokenized securities, when distributed-ledger records are expected to gain formal recognition within existing securities regulation.
According to a Seoul Economic Daily report, Hanwha built the platform with blockchain technology company FairSquare Lab. The system supports multiple networks, including Avalanche and Hyperledger Besu, indicating that the firm is pursuing a multi-chain architecture rather than relying on a single distributed ledger.
Hanwha Prepares Ahead of 2027 Rules
The timing is significant because South Korea’s Financial Services Commission plans to begin the first phase of its tokenized securities framework on February 4, 2027. The new regime will treat tokenized securities as digital forms of conventional securities rather than a separate crypto asset class, bringing them within the Electronic Securities Act and Capital Markets Act.
Hanwha’s platform therefore arrives before the legal framework becomes operational. Building the technical infrastructure in advance gives the securities firm time to test how distributed ledgers can connect with traditional issuance, ownership and recordkeeping systems before regulated tokenized products move into production.
Multi-chain support may also provide flexibility as regulators and market infrastructure providers finalize technical standards. Rather than making Avalanche the exclusive settlement environment, Hanwha appears to be designing infrastructure capable of operating across both public and permissioned blockchain systems, allowing different securities workflows to use different network configurations.
South Korea Builds Tokenized Market Infrastructure
The Korea Securities Depository is also preparing for the transition by developing infrastructure capable of interacting with distributed-ledger systems. The broader objective is to connect blockchain-based securities records with South Korea’s existing legally recognized securities registry, preserving established ownership and compliance processes while introducing new technical rails.
Avalanche’s inclusion alongside enterprise-focused networks such as Hyperledger Besu illustrates how the market may develop through interoperable infrastructure rather than a single mandated blockchain. The key requirement will be whether each network configuration can satisfy regulatory standards for ownership records, security and operational reliability.
The development remains an infrastructure milestone rather than the launch of a specific tokenized security. Hanwha has built the technology before South Korea’s new rules take effect, but actual issuance and circulation will remain subject to the regulatory framework scheduled for 2027.
For South Korea’s capital markets, the project reflects a broader shift from blockchain experimentation toward implementation. Tokenization is increasingly being treated as an extension of established securities infrastructure, with firms such as Hanwha preparing the operational layer before the regulatory transition formally begins.