Securitize Shares Jump 8% on LG CNS Partnership Targeting South Korea Tokenized Securities Market

Securitize shares jumped after the tokenization platform signed a partnership with LG CNS to target South Korea’s tokenized securities market.

Cointelegraph reported on October 7 that the stock rose as much as 8% to $12.60 in early trading. Securitize completed its merger in July with special purpose acquisition company Cantor Equity Partners II and listed on the New York Stock Exchange.

The companies signed a memorandum of understanding to develop tokenized assets and digital-asset infrastructure for South Korean financial institutions. They will also review the joint development of tokenized funds, stocks and stablecoins, while considering ways to expand business opportunities across the broader Asia-Pacific market.

The agreement comes as South Korea moves to formalize its tokenized securities regime. The Financial Services Commission proposed rules last week governing the issuance and distribution of tokenized stocks, bonds and funds, with the framework set to take effect in February 2027. LG CNS also launched a blockchain infrastructure platform on October 7 designed to help banks and other financial companies support stablecoins and tokenized securities.

Securitize is a major player in the real-world asset tokenization market, which has grown to about $40 billion. Data from RWA.xyz show the tokenized equities market rose 10.6% over the past 30 days to about $3.2 billion, extending its streak of record highs.

Securitize Chief Executive Officer Carlos Domingo said at ETHConf in July that tokenized equities could help lift the broader digital-asset market to $5 trillion.