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[BUSINESS] · United States, South Korea · 3 sources

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Financial institutions integrate blockchain through tokenization and digital asset investments

The global financial landscape is undergoing a structural shift as traditional institutions increasingly integrate blockchain technology and digital assets into their core operations.

In the United States, major exchanges are advancing tokenization efforts. The SEC approved a Nasdaq proposal to trade and settle tokenized securities directly on the blockchain, while the New York Stock Exchange is also pursuing on-chain settlement initiatives. This move aims to reduce operational friction, accelerate settlements, and lower intermediary costs.

In South Korea, legacy financial institutions are making significant capital investments in crypto-related infrastructure. Hanwha Investment & Securities recently approved a 597.8 billion won deal to increase its stake in Dunamu, the operator of the Upbit exchange. Similarly, Hana Bank acquired a 6.55% stake in Dunamu through a 1 trillion won investment. Other firms, such as Mirae Asset Consulting and Korea Investment & Securities, are also pursuing controlling stakes or partnerships within the digital asset sector. This trend reflects a broader institutional pivot toward managing real-world assets (RWAs) and preparing for the rise of central bank digital currencies (CBDCs).

Entities

Dunamu · Hana Bank · Hanwha Investment & Securities · Nasdaq · New York Stock Exchange