Samsung SDS said on Tuesday it has won the Korea Securities Depository's project to build and operate a token securities platform.

The Korea Securities Depository plans to link its existing electronic securities account system with blockchain-based distributed ledger data. It aims to strengthen token securities issuance and rights management functions and prepare for market expansion.

Samsung SDS has built relevant capabilities by carrying out a 2024 token securities functional analysis consulting project and a 2025 testbed platform construction project.

Samsung SDS plans to complete the build by February 2027. It aims to convert a technology verification-focused testbed into a formal system for transaction processing and stable service operations.

Under the project, Samsung SDS will implement a volume management system to track token securities issuance and circulation in real time and manage overall transactions transparently. It also plans to build IT infrastructure needed to operate token securities, including a gateway system, an operating and management framework for blockchain nodes and a distributed ledger system configuration.

Lee Jung-heon (이정헌), head of Strategic Marketing at Samsung SDS and a vice president, said, "Based on the token securities business experience we have accumulated and our blockchain and IT infrastructure capabilities, we will carry out this project in a stable manner." He added, "Through this project, we will support the activation of the token securities market and make it a representative success case in the digital asset sector."