Siebert Financial partners with Kakao Pay Securities on 24-hour tokenized trading of Korean stocks
SIEB•Launch timing and settlement plans
The companies target an initial service launch in the first half of 2027, subject to U.S. and South Korean regulatory requirements.
The collaboration also explores tokenized securities to support faster settlement, including potential real-time T+0 settlement.
Kakao Pay Securities brings about 9 million stock accounts, expanding potential distribution for the cross-border offering.
Partnership to develop 24-hour tokenized trading
Siebert Financial entered a partnership with Kakao Pay Securities to develop 24-hour trading in tokenized South Korean stocks for U.S. investors.
The “K-Stock Global Gateway” aims to extend access to Korean equities beyond local market hours, using Siebert’s U.S. brokerage infrastructure.
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