ONDO
−11.0%Kakaopay Securities partners with Dinari and Ondo to explore tokenized Korean stocks
Image: CointelegraphKakaopay Securities has separate agreements with Dinari and Ondo Finance to explore tokenizing Korean-listed equities for international investors. The Dinari partnership will test a proof of concept using its existing dShares model for U.S. stocks and ETFs. The Ondo partnership will first develop a framework for sourcing and custodying underlying Korean shares. No specific Korean stocks or commercial launch timelines have been set.
Key points
- Kakaopay Securities partnered with Dinari and Ondo Finance to explore tokenized Korean equities for global investors
- The Dinari partnership will test a proof of concept using its existing dShares model for U.S. assets
- The Ondo partnership will first build a framework for sourcing and custodying underlying Korean shares
- No specific Korean stocks or commercial launch timelines have been announced for the projects
Why it matters
The projects aim to expand access to Korean public companies for investors outside South Korea, per company statements. They also test extending existing tokenized stock models to non-U.S. listed equities.
What's unclear
No specific Korean-listed companies have been selected for the proof of concept
No public timeline for commercial availability of tokenized Korean equities has been set
Price context · ONDO
At publication
$0.5092
Now
$0.5092
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Cointelegraph
Tier 1
Kakaopay partners with Dinari, Ondo to explore tokenized Korean stocks
Coverage timeline
- First reported by Crypto.news
- Confirmed by Cointelegraph
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
