Yesterday the Korea Securities Depository (KSD) announced plans for a securities token platform as part of its medium to long term roadmap. It broached a novel topic: what happens when an organization issues a security on multiple blockchains?
“The KSD will do its best to help securities tokens and fractional investment tokens settle in the market without difficulty,” said KSD CEO Lee Soon-ho, according to Korea Times.
In Korea, the KSD is a public body rather than a commercial entity. The Korean government recently announced measures for regulating token securities and has started to update laws.
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