South Korea Proposes Tokenized Bonds and Funds, Retail Cap at 100M Won

TREE NEWS update: South Korea’s Financial Services Commission has opened public comment through Nov. 11 on amendments to the Electronic Securities Act and Capital Markets Act that would extend tokenization to stocks, bonds and funds, with implementation timed to the law’s Feb. 4, 2027 effective date. The first phase would cover institution-only private money market funds, private bonds, trust-based unlisted shares and publicly offered fractional investment securities. Public bonds and funds for retail investors would open later, with individual over-the-counter net purchases capped at 100 million won per year.