South Korea's Financial Services Commission promotes the legalization of token securities, predicting that the market size will increase to 367 trillion won by 2030

According to ChainCatcher, the Financial Services Commission of South Korea announced that it will promote the legalization of token securities (STO) and decentralized investment platforms as one of the core economic tasks this year. STO converts assets such as real estate and artworks into digital tokens through blockchain technology, supporting small investors to participate in high-value asset investments.

Financial authorities have begun revising the (Capital Markets Act) and (Electronic Securities Act) and preparing the relevant infrastructure for this purpose. The industry expects that the legislation of STO will significantly promote the growth of the Korean digital asset market. It is expected that by 2026, the size of the Korean STO market will reach 119 trillion won and increase to 367 trillion won in 2030, an increase of nearly four times.