Korean securities firms join Canton Network for tokenization

▤ Summary

Korean financial groups are joining the Canton Network to explore tokenization opportunities. Shinhan Financial Group, through Shinhan Asset Management and Shinhan Investment & Securities, wants to use the network to distribute products to offshore investors and take part in governance. KB Securities and Wavebridge are also working with Canton, with a near-term focus on domestic use cases and a longer-term plan for international collaboration. Wavebridge is positioning itself as an institutional digital asset prime broker and settlement infrastructure provider for stablecoins. The story points to growing demand for tokenization, digital asset infrastructure, and cross-border distribution tools in capital markets.

▦ Linked Companies

Wavebridge

$10M to $25M

Canton Network

up to $1M