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.

Arthur Hayes said an expansion in U.S. Treasury bond buybacks could lead to a bitcoin bull market, viewing it as a signal of rising liquidity. He compared the move to 2023 actions under former Treasury Secretary Janet Yellen that boosted liquidity and helped bitcoin rebound after the FTX collapse. Hayes said rates have not yet clearly stabilised and noted yields can pressure the economy. He expects further liquidity steps and warned against leveraged trading.