Crypto
Koscom, Hyundai Motor Securities cooperate on security token platform business
Koscom said on Tuesday it signed a memorandum of understanding with Hyundai Motor Securities on joint use of a security token platform and broader business cooperation. The agreement covers system links for Koscom’s shared platform, development of underlying assets and products, detailed issuance and account-management processes, joint tests reflecting legal and investor-protection requirements, and information exchanges to help expand the market. Hyundai Motor Securities’ participation lifts the number of partner brokerages to 13.