Search results for KDX
Crypto
Koscom partners with Woori Investment Securities on tokenised securities platform
Koscom said on May 13 it has signed a partnership with Woori Investment Securities on digital assets and tokenised securities (STO). The two companies plan to build a cooperation framework to advance the tokenised securities business based on blockchain technology and financial investment capabilities. Koscom said it has expanded its STO-related base through projects including an issuance platform with LG CNS, a Korea Securities Depository testbed, stablecoin-based atomic settlement proof-of-concept work and participation in the Korea Exchange-backed KDX consortium.
Crypto
Koscom reorganises to respond to capital markets changes, expands digital asset division
Koscom said on Tuesday it carried out an organisational restructuring to respond to changes in the capital markets environment and secure future growth drivers. The company expanded its Digital Business Division into a Digital Asset Business Division to build infrastructure covering issuance, distribution and settlement. It also upgraded a digital asset task force into a formal department, set up a new service department, and launched task forces for extended trading development and KDX platform work.
Finance
KDX, NXT chosen for STO over-the-counter exchange pilot; Lucentblock left out
South Korea\'s Financial Services Commission selected the Korea Exchange-Koscom KDX consortium and the NextTrade-Musicow NXT consortium as preliminary license candidates to open a pilot over-the-counter exchange for tokenised securities. The FSC granted NXT conditional approval, saying it would halt the full licensing review if the Fair Trade Commission opens an administrative probe into technology theft allegations raised by Lucentblock. Lucentblock was dropped after receiving a lower evaluation score.
