Samsung SDS wins deal to build South Korea’s blockchain securities system: Report

Written by Ezra Reguerra, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. Written by Ezra Reguerra, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. Samsung SDS wins deal to build South Korea’s blockchain securities system: ReportLatest NewsPublishedMay 6, 2026The 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. Samsung SDS previously worked on KSD’s tokenized securities efforts, including function-analysis consulting in 2024 and testbed platform construction in 2025, Seoul Economic Daily reported. The news comes as South Korea is preparing the market infrastructure needed to support tokenized securities once its incoming legal framework takes effect.South Korea prepares its tokenized securities frameworkOn Jan. 15, the Financial Services Commission (FSC) said amendments to the Electronic Registration Act and the Financial Investment Services and Capital Markets Act had passed the National Assembly, paving the way for the issuance and circulation of security tokens.The FSC said the amended Electronic Registration Act lega…

Samsung SDS wins deal to build South Korea’s blockchain securities system: Report

Coins in this story

Related stories

OpenTrade raises $17M as CEO sees stablecoin yield tailwinds

The Protocol: AI Agents form their own firm

CoinDesk 20 performance update: Index jumps 2.5%, continuing higher