Dinari and Kakaopay Securities to Launch Tokenized Korean Equities for Global Markets

Quick Summary

Dinari and Kakaopay Securities are partnering to expand global access to South Korean stocks through tokenized equities. By utilizing Dinari’s dShares™ platform, the collaboration aims to provide international investors with a secure, blockchain-based method to trade Korean-listed securities with full shareholder rights and 1:1 asset backing.

How Does Dinari Solve International Access Issues for Korean Equities?

Currently, global investors face significant hurdles when trying to access the South Korean market, often limited to a small selection of depositary receipts. Dinari and Kakaopay Securities are addressing this by building a tokenized equities infrastructure that mirrors underlying shares. This framework creates a seamless digital bridge between the Korea Exchange and global brokerage networks, allowing for fractional ownership and 24/7 settlement potential.

• 1:1 Asset Backing: Every token issued is backed by a physical share held in custody.
• Shareholder Rights: The model is designed to preserve dividends and voting rights for token holders.
• Regulatory Compliance: Leveraging Dinari’s status as an SEC-registered transfer agent to ensure cross-border legitimacy.

What Role Does Kakaopay Securities Play in This Partnership?

As a leading mobile-first securities firm in South Korea, Kakaopay Securities provides the essential local expertise and regulatory navigation required to source underlying Korean equities. The firm will collaborate with Dinari to establish a joint task force later this year to evaluate the operational and technical requirements for international distribution.

"Through this partnership with Dinari, which has experience operating tokenized securities within the U.S. regulatory framework, we are working to develop a concrete framework for the international distribution of Korean equities," said Inyoung Chung, Executive Vice President of Kakaopay Securities. "Starting with the sourcing of Korean-listed equities and advancing through a proof of concept for equity tokenization, we will carefully assess the technical feasibility and help create new pathways connecting shares of leading Korean companies with a broader global market."

What Are the Technical Specifications of the dShares™ Model?

The dShares™ platform already supports over 724 tokenized U.S. stocks and ETFs, providing a proven blueprint for the Korean expansion. The system is built to ensure that tokenized equities function with the same protections as traditional securities, including NBBO execution and transparent reconciliation.

"Korea is home to some of the world's most important public companies, yet access to Korean equities remains limited for many investors outside the country," said Gabe Otte, CEO of Dinari. "Our partnership with Kakaopay Securities is an opportunity to explore infrastructure that can connect Korean public markets with a broader global investor base. By combining Kakaopay Securities' expertise in the Korean market with Dinari's tokenization and distribution infrastructure, we can evaluate a model for expanding international access to Korean equities."

FF NEWS TAKE:

This partnership is a significant milestone for the tokenized equities sector. While many firms focus on private assets, Dinari and Kakaopay are tackling the highly regulated public markets of a major G20 economy. If successful, this "dShares" model could set the standard for how emerging and developed market equities are traded globally, moving the needle from niche crypto experiments to mainstream financial infrastructure.