Korea Investment & Securities has signed a strategic memorandum of understanding with Kakao Group to jointly develop and market digital-asset issuance and distribution services. The agreement brings together the brokerage, Kakao, KakaoBank and Kakao Pay in a cooperation framework covering the digital-asset value chain, including business models, investment-linked financial services, remittances, payments, settlement, dedicated digital wallets, custody and customer-facing services. The initiative combines Korea Investment & Securities’ wealth-management and structuring capabilities with Kakao’s mobile-platform reach to develop an integrated digital-finance ecosystem centered on security token offerings and stablecoins (digital tokens designed to maintain stable value).