South Korea“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
Asset tokenization in South Korea
We build the platform to tokenize bonds, shares and fractional investments in South Korea: investor onboarding, ERC-3643 tokens and the connection to the distributed ledger recognized by the 2026 reform, coordinated with the law firm and the licensed firm that structure the issuance under the FSCMA.
Tokenize your asset
They trust Metlabs to tokenize their assets
Why South Korea
Why tokenize assets in South Korea?
On January 15, 2026, South Korea passed the reform that makes a distributed ledger a legal securities registry, and it will apply from February 4, 2027, starting with institutional bonds, unlisted shares held in trust and fractional investments. Until then, an investment right is issued as a conventional electronic security, so now is the time to prepare the structure.
₩4B
proposed minimum equity capital for an issuer to manage its own token accounts
FSC · 2026 consultation₩3B
amount over 12 months from which a public offering requires a registration statement
FSCMA Enforcement Decree, Art. 120What gets tokenized
Debt, equity and revenue: what gets tokenized in South Korea
Almost every tokenized issuance represents one of these three rights against the issuer. In South Korea, the right determines the class of security under the FSCMA and, from 2027, in which phase of the reform it can be recorded on a distributed ledger and circulate among investors.
| Right | Debt | Equity | Revenue |
|---|---|---|---|
| What is issued | Bonds (sachae) | Shares | Investment contracts and trust certificates |
| The investor receives | The investor lends to the issuer and receives interest and, at maturity, the principal. | The investor joins the share capital: dividends, voting rights and a share of any sale or liquidation. | The investor receives a share of a business's results or of the income from an asset held in trust: rents, sales or royalties. |
| The token enforces |
|
|
|
| Issuer | Jusik hoesa (stock company) | Jusik hoesa (stock company) | Business operator or trustee |
| Register | Distributed ledger with the KSD | Shareholder register and KSD | KSD; distributed ledger in 2027 |
| Law | FSCMA and Electronic Registration Act | Commercial Act and FSCMA | FSCMA, Art. 4 |
| How it is issued | From February 4, 2027, a bond can be issued on a distributed ledger that, under the proposal now in consultation, the KSD and at least two account management entities will share. The first phase covers bonds reserved for institutional investors; public offerings come in a later phase. | A share transfer can only be asserted against the company once it is entered in the shareholder register. In the first phase of 2027, unlisted shares will be tokenized through a trust structure. Equity interests in a yuhan hoesa are also equity securities. | A right to the results of a common enterprise run by someone else is an investment contract security, and its public offering always requires a registration statement. The FSC applied that test in 2022 to rights over music royalties; from 2027 they can circulate through licensed intermediaries. |
Regulation
Regulation guide for South KoreaWhich regulation applies to tokenization in South Korea?
The FSCMA, the capital markets law: a token with the features of a security is a security, with the same disclosure, licenses and prohibitions, although the electronic registration law does not yet allow it to be issued on a distributed ledger. The reform passed by the National Assembly on January 15, 2026 recognizes the ledger as a legal securities registry from February 4, 2027.
Until then, fractional investments are issued as conventional electronic securities: beneficiary certificates of non-monetary trusts, which the FSC allowed to be tested in its regulatory sandbox, or investment contract securities that the issuer places itself. A public offering of 3 billion won or more over 12 months requires a registration statement, and one of investment contracts always does.
The implementing rules are in consultation from October 2 to November 11, 2026. They propose that an issuer can manage its own token accounts with minimum equity capital of 4 billion won and cap each retail investor's net purchases at 100 million won a year on each OTC platform. We coordinate the structure with specialist law firms, and licensed entities provide the regulated services.
South Korea
NeutralScore66
- Authorities
- Financial Services Commission (FSC), KoFIU and Financial Supervisory Service (FSS)
- Latest regulatory change
- Oct 2026
Key authorisations
- KoFIU VASP registration according to services
- Security certification and banking conditions for fiat operations
- Financial instrument permissions by activity and product
- Tokenized securities registration and infrastructure subject to reform implementation
Our legal partners
Methodology
How we tokenize an asset in South Korea, step by step
The four phases of our methodology, with the parties involved in South Korea. The law firm and our engineering team work in parallel from the asset review to investor acquisition.
We review the asset's title, encumbrances and cash flows, and decide with the issuer whether the token will be a bond, a share or a fractional investment, such as an investment contract or a trust certificate. That shows in which phase of the 2027 reform it can be tokenized.
The law firm classifies the security under the FSCMA, prepares the registration statement or the small offering disclosure and decides whether the issuance goes through a securities firm or the issuer applies to manage its own accounts. Notification to the KSD is part of the file.
We configure the white label platform with your brand: investor onboarding with KYC, signature, payment and ERC-3643 tokens carrying the offering's limits. The connection to the distributed ledger shared by the KSD and the account management entities is custom development.
With the issuer and the licensed firm placing the issuance, we prepare the offer page and measure the journey to a paid subscription. After the issuance, the platform handles distributions, per-investor limits and reporting.
Reviews in South Korea
What do our clients think of Metlabs?
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Ignacio Fernández JiménezVerified Google review
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
Joan MejíaManager, GLOBYNE
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
CriptorentVerified Google review
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
Platform
What does our white label tokenization platform include in South Korea?
The investor portal, ERC-3643 tokens and issuer console, under your brand. Out of the box it handles onboarding, signing, payment and distributions; anything else your issuance needs, such as a local payment method or a connection to your bank or custodian, we build on the same platform.
Request a demo
- Your brand and domainYour visual identity and legal notices across the investor portal.
- Investor onboardingSign-up, KYC with resident registration card, KYB, AML (KoFIU) and a custodial wallet.
- End-to-end investmentE-signature and payment in Korean won (KRW) by bank transfer.
- ERC-3643 tokensEvery subscription follows the FSCMA rules for a private placement.
- Issuer consoleProjects, investors, won reconciliation, interest payments and reporting.
- Compliance and audit trailReal-name and AML file, professional investor checks and an exportable audit log.
Institutional custody, integrated
We integrate custody and key management providers through their APIs, including Fireblocks, BitGo, Coinbase Prime, Anchorage Digital, Copper and Ledger Enterprise. Depending on the provider and model, keys are managed with MPC or multisig so that none depends on a single device. If the token is a security, custody on behalf of clients is provided by an authorized entity.
FAQ
Frequently asked questions about tokenization in South Korea
What we are asked before a project starts.
Talk to our teamIs asset tokenization legal in South Korea?
A token with the features of a security is a security under the FSCMA and follows its rules. What current law does not yet allow is issuing it on a distributed ledger: that arrives on February 4, 2027. In the meantime, fractional investments are issued as conventional electronic securities or within the regulatory sandbox.
Can the issuer keep its own token register?
From 2027, as an issuer account management entity. The proposal in consultation requires equity capital of at least 4 billion won, one account management professional, one internal control professional and two IT professionals. An issuer that does not meet those requirements can still issue, but through a securities firm.
How much can be raised without a registration statement in South Korea?
A public offering below 3 billion won over 12 months does not require a registration statement, although the issuer must disclose its financial position and take other protective measures. The exception is investment contract securities: their public offering always requires one, whatever the amount.
Are there limits for retail investors?
Yes. The FSC's standards for fractional trust certificates recommend a maximum individual subscription equal to the lesser of 30 million won or 5% of the issuance. For OTC trading, the proposal caps each retail investor's net purchases at 100 million won a year on each platform.
Asset tokenization
Assets we tokenize in South Korea.
Asset tokenization
Articles on tokenization
Real Asset Tokenization: How RWA Tokenization Works
How to structure an RWA project: holder rights, issuance, recordkeeping, payments and recovery. What blockchain adds and what depends on the legal arrangement.
What are the differences between security tokens and utility tokens?
How to distinguish financial rights from service access, what legal classification examines and why a token’s name does not determine its regulation.
OpenZeppelin and ERC-3643: how a security token is built
What OpenZeppelin libraries and ERC-3643 controls provide, and what a securities issuance also requires: rights, permissions, operations and review.
Tokenize your asset in South Korea
Tell us which right you want to issue and we will propose the technical structure, timeline and phased budget.
Where we are
We're your tokenization company in:
Metlabs Offices
Av. García Sabell, 1, Edificio Proa 15009 A Coruña, Spain
We tokenize assets in
SpainUnited StatesUAEUnited KingdomMexicoSingaporeAustraliaSwitzerlandColombiaArgentinaChilePeruPortugalGermanyHong KongBrazilEcuadorFranceIndiaPanamaAndorraAustriaBahrainBelgiumBoliviaCanadaCosta RicaCubaCyprusCzechiaDenmarkDominican RepublicEl SalvadorEstoniaFinlandGreeceGuatemalaHondurasHungaryIrelandIsraelItalyJapanKuwaitLiechtensteinLithuaniaLuxembourgMaltaMonacoMoroccoNetherlandsNew ZealandNicaraguaNigeriaNorwayOmanParaguayPolandPuerto RicoQatarRomaniaSan MarinoSaudi ArabiaSeychellesSouth AfricaSwedenTurkeyUruguayVenezuela
