Hanwha builds tokenized securities platform on Avalanche as South Korea rewrites its digital asset rulebook

South Korea’s Hanwha Investment & Securities is actively building a blockchain-based securities platform, set to go live in the first half of 2027, ahead of the country’s landmark shift in how tokenized assets are legally recognized. The platform, called the Digital Asset Platform (DAP), will run on Avalanche and initially target high-net-worth individuals and family offices with access to private-market assets: hedge funds, private credit, real estate, intellectual property, and unlisted shares. What South Korea’s new rules actually change On September 4, 2026, South Korea’s Financial Services Commission announced a phased roadmap for tokenized securities, with Phase 1 beginning February 4, 2027. Rather than building a parallel legal structure, the FSC is folding tokenized securities into two existing frameworks: the Electronic Securities Act and the Capital Markets Act. Phase 1 starts with institutional products: money market funds, corporate bonds, unlisted shares held through trust structures, and fractional investment securities. Hanwha plans to launch DAP by targeting overseas markets with more permissive frameworks before the domestic Korean rules take full effect. Avala...