South Korea Plans STO For Tokenized Carbon Assets
South Korea will launch a carbon reduction token platform in Busan, with DB Securities and Marinachain at the forefront of the initiative.
➤ South Korea is launching a blockchain-based platform in Busan to tokenize carbon reduction assets, aiming to democratize investment in energy-saving facilities. ➤ DB Securities has been selected to lead the project, focusing on feasibility assessment and developing a security token offering (STO) platform, in partnership with AI blockchain startup Marinachain. ➤ The initiative will leverage carbon-reduction revenue rights from facilities as underlying assets, ensuring compliance with the Capital Markets Act and establishing a new digital capital market model.
