Samsung SDS Secures Contract for South Korea's Blockchain-Based Securities Infrastructure: Sources
The IT arm of Samsung has been chosen to develop KSD's digital token securities infrastructure ahead of South Korea's implementation of blockchain securities regulations in February 2027.
According to reports, Samsung SDS, the information technology services arm of the Samsung conglomerate, has been selected to develop a digital token securities infrastructure for the Korea Securities Depository (KSD). This development brings the nation's central securities depository one step closer to implementing blockchain-powered securities infrastructure as South Korea readies its regulatory framework for digital tokenized assets.
Local media outlets including Yonhap News Agency and The Korea Times reported that Samsung SDS secured the agreement to construct and manage the platform for KSD. The initiative is slated for completion by February 2027 and will transform an existing technology verification testbed into an official operational system with stable service capabilities.
According to the reports, KSD intends to integrate its current electronic securities account infrastructure with blockchain-powered distributed ledger technology to enhance the issuance of tokenized securities and improve rights management processes.
Reports from Seoul Economic Daily indicate that Samsung SDS has been involved in KSD's tokenized securities initiatives previously, providing function-analysis consulting services in 2024 and constructing a testbed platform throughout 2025.
This development arrives as South Korea continues building the necessary market infrastructure to facilitate tokenized securities operations when the forthcoming legal framework becomes operational.
South Korea prepares its tokenized securities framework
The Financial Services Commission (FSC) announced on Jan. 15 that modifications to the Electronic Registration Act and the Financial Investment Services and Capital Markets Act had received approval from the National Assembly, creating a pathway for security tokens to be issued and traded.
According to the FSC, the revised Electronic Registration Act provides legal recognition to blockchain-powered distributed ledgers as official securities registries. The regulatory body further indicated that entities issuing token securities must adhere to legally required procedures and submit applications for electronic registration through KSD, positioning the depository as a central component of South Korea's forthcoming token securities ecosystem.
The FSC established a public-private consultative body focused on security tokens on March 4. This collaborative body will develop regulations and infrastructure for security tokens spanning four key areas: technology and infrastructure development, issuance procedures, circulation processes, and payment and settlement systems.
The FSC's announcement also indicated that the regulatory framework is planned to become effective on Feb. 4, 2027, following revisions to subordinate regulations and the establishment of necessary infrastructure. This timeline aligns closely with Samsung SDS's reported February 2027 deadline for finalizing the KSD platform.