Securities companies and RWA companies are ‘noteworthy’ in the Japanese market due to market stagnation
Kyobo Securities Co., Ltd. Targets Asia with Luxury and Content Token Securities
CREDER Collaborates With Japan’s RWA Token Issuer DAMS
collaboration with Korea-Japan token securities…Industry discussions are also active
This article has been translated into English through AI.
[Edaily Marketin Kim Yu-seo Marketin] The global investment market is drawing attention to the Japanese market in the global investment market.From securities firms, it seems to be interested in Japan and academic markets.In Korea, it seems that the possibility of growth abroad with high possibility of growth in the RWA and token securities development.
According to the financial sector on the 7th, Kyobo Securities is preparing to enter the new token securities business in the Asian market. In collaboration with Japanese firm SBIDM, Kyobo Securities plans to launch a number of token securities products linked to assets such as high-priced brand products or contents in the Asian and European markets. SBIDM is a Singapore-based affiliate of Japanese financial firm SBI Group and operates financial services such as blockchain.
Kyobo Securities has been focusing on providing a bridgehead for its overseas expansion this year. Earlier, Kyobo Life Insurance Group signed a business agreement with Japan’s SBI Group to strengthen cooperation in the digital finance sector including STO business. Kyobo Securities established the DT Strategy Department in July last year and started to discover future growth engines including STO. The DT Strategy Department is dedicated to future growth engines such as token securities (STO), MyData, and digital platforms.
Kreider, an IT-Sen affiliate, has signed an agreement with the Japanese cryptographic asset exchange Digital Market (DAMS) to speed up its entry into the local blockchain market. As the representative of the Busan Digital Asset Exchange (BDX) consortium, the company plans to expand the global real-linked asset (RWA) ecosystem faster.
Creder is a joint venture established by ITCEN and blockchain developer BPMG in 2022 and is in the process of developing the country’s first gold spot-based RWA token and gold station platform. It is issuing 100% spot gold-based tokens in connection with “Sengold” of the Korea Gold Exchange Digital Asset and is expanding its business to RWA and STO based on various mineral resources such as silver, copper and rare earths.
The industry is also actively discussing entering the Japanese market. The Korea Fintech Industry Association’s Digital Economy and Finance Research Institute (DEFI) will hold a seminar on the “Korea-Japan Blockchain-Based Token Securities Market” on the 8th. Discussions will be held to cooperate with Korea and Japan and to find opportunities to enter the Asian region.
The seminar was designed to discuss the creation of a constructive ecosystem and policy tasks of the Korean token securities market through policies and examples of the current Korean-Japanese token securities market. The main topics deal with the current status of the token securities market and regulations in Korea and Japan, the development potential of the Asian digital token securities market, and the impact of digital technology on the bond market and green finance.
“In overseas markets, RWA and STO-related policies are often more flexible and advanced, so domestic companies can carry out their business on favorable conditions,” an official from the virtual asset industry said. “Now would be the right time to secure global competitiveness, especially as interest in token securities is growing in Asian markets such as Japan and Singapore.”