Siebert Financial Corp. partners with Kakao Pay Securities to launch South Korean stock tokenization trading in the first half of 2027

Siebert Financial Corp. has agreed to become a US partner of Kakao Pay Securities, with plans to launch Korean stock tokenization trading services for US investors through K-Stock Global Gateway. Both parties plan to explore tokenization of Korean stocks, allowing American investors to access Korean stocks outside of normal trading hours on the Korean stock exchange, and investigate whether tokenized securities can support T+0 settlement. The initial tokenization trading service is expected to be launched in the first half of 2027, and any implementation must comply with regulatory requirements and investor protection standards in the United States and South Korea.