Asset Tokenization Expands Across US and Korea

Park Beom-soo, a Digital Asset reporter, appeared on News Tomato's YouTube channel on the 21st to analyze the current state of blockchain-based asset tokenization. The discussion covered tokenization efforts centered in the United States, where government bonds and money market funds (MMF) are being tokenized on blockchain infrastructure, with the scope expanding to include stocks. In Korea, the regulatory framework has advanced from the announcement of token securities guidelines to enacted legislation, with implementation ordinance preparation underway.

US Asset Tokenization Landscape

According to Park's analysis, the United States is leading blockchain-based asset tokenization efforts. Government bonds and money market funds form the current foundation of tokenization activity. The scope of assets being tokenized is expanding to include stocks, broadening the range of financial instruments available on blockchain networks.

Korea's Regulatory Framework and Roadmap

Domestically, Korea has progressed through multiple regulatory stages. Following the announcement of token securities guidelines, legislation has been enacted. The country is currently in the implementation ordinance preparation phase. During this process, authorities plan to establish a roadmap for tokenizing structured assets, moving beyond the tokenization of unstructured assets.