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Canton Foundation signs letter of intent with South Korea's Meritz Securities on tokenisation

Original title (Swedish): Canton går in i Sydkorea – vill tokenisera landets finansmarknad

The Canton Foundation has signed a cooperation agreement with South Korean securities firm Meritz Securities to explore how traditional financial assets such as bonds can be tokenised and made available to institutional investors internationally, Kryptovalutaguiden reports. According to the article, the agreement signed on 15 October is a declaration of intent, meaning the parties will evaluate possible use cases rather than launch a finished service. Kryptovalutaguiden notes that how far the cooperation can go depends partly on South Korea's rules for digital securities.

Read at Kryptovalutaguiden

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