Hanwha launches multichain tokenized securities platform for South Korea

  • Hanwha Investment & Securities launched a multichain tokenized securities platform.
  • AVAX traded around $8.06, up 5.24%, with a $3.48 billion market cap.
  • South Korea will recognize distributed ledgers as securities registers from February 4, 2027.

Hanwha Investment & Securities has launched a tokenized securities platform combining Avalanche’s public blockchain infrastructure with enterprise blockchain Hyperledger Besu. The platform, developed with FairSquare Lab since 2025 and debuted in early September, comes as South Korea prepares rules recognizing distributed ledgers as securities registers from February 4, 2027. AVAX traded around $8.06, up 5.24% over 24 hours, giving Avalanche a market capitalization of $3.48 billion, according to CoinMarketCap. The launch forms part of Hanwha Group’s broader digital-asset strategy, which includes a 9.6% stake in Securitize and a 30 billion Korean won investment in Digital Asset, the company behind the Canton Network.

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