Kakaopay partners with Dinari, Ondo to explore tokenized Korean stocks
Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed equities and expanding their availability to investors in international markets.
Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed equities and expanding their availability to investors in international markets.
South Korea’s Kakaopay Securities is partnering with tokenization firms Dinari and Ondo Finance to explore bringing Korean-listed stocks onchain and distributing them to investors in international markets.
Kakaopay announced separate agreements with Dinari and Ondo on Tuesday, covering the sourcing of underlying Korean shares, tokenization infrastructure and their potential distribution outside South Korea.
Kakaopay’s agreement with Ondo will initially focus on establishing a framework for sourcing and custodying Korean-listed shares that could later be tokenized. Kakaopay would operate a foreign investor omnibus account to hold and administer the underlying shares.