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Crypto

Korean brokerages step up tokenised securities business beyond fractional investing to bonds, funds

Korean brokerages are expanding tokenised securities businesses from account management for fractional investing to issuance infrastructure for bonds, funds and other financial products. The Financial Services Commission said it will pursue phased tokenisation of stocks, bonds and funds, starting in February 2027 with private money market funds, private corporate bonds, unlisted shares using trusts and publicly offered fractional investment securities. Firms are building joint platforms and proprietary systems, while overseas examples are also growing.

Crypto

Citi to launch bitcoin custody service, integrate with stock and bond platform

Citi will start offering bitcoin custody services for institutional clients within this year, Cryptopolitan reported. Citi said it plans to incorporate bitcoin into Custody+, the platform its Investor Services unit uses for traditional securities. Clients will be able to view and manage traditional holdings and bitcoin in one place. The bank said the service operates on a single framework shared by tokens and traditional securities and includes features such as real-time services and instant settlement.

Crypto

Marex invests in Digital Prime to expand institutional crypto lending

Nasdaq-listed financial services firm Marex Group has invested an undisclosed amount in institutional crypto infrastructure company Digital Prime Technologies, Cointelegraph reported. The investment is part of Marex\'s strategy to expand its institutional digital asset business. The funding will be used to develop Toknet, a digital asset lending and borrowing platform built by Digital Prime with Equilend. Digital Prime said Toknet has secured over $1 billion in lending capacity and more than $1 billion in borrowing demand from launch partners.