Hanwha Investment & Securities has completed a tokenized-securities platform with FairSquare Lab that supports Avalanche and Hyperledger Besu, ahead of South Korea’s amended Electronic Securities Act and Capital Markets Act taking effect on February 4, 2027. The amendments will recognize distributed ledgers as securities registers while keeping tokenized instruments subject to existing securities laws. The Financial Services Commission’s three-stage roadmap initially covers privately pooled money-market funds, institutional bonds, unlisted shares issued through trusts and publicly offered fractional investment securities, before potentially expanding to all publicly offered traditional securities and on-chain settlement linked to compliant stablecoins. The Korea Securities Depository is preparing connections for Avalanche, Hyperledger Besu and Hyperledger Fabric, with access limited to approved institutions. Retail subscriptions are proposed to be capped at the lower of 30 million Korean won or 5% of total issuance, while reports describe annual over-the-counter purchase limits of approximately 100 million won, or about $74,000, with the newer account specifying a cap for each over-the-counter exchange.