South Korean government seeks infrastructure to tokenize traditional securities beyond fractional investments. So, they had legislation that uh passed before that's recognizing blockchain-based securities which takes effects on February 4th, 2027. So now South Korea going all in on tokenization. The first phase will include private money market funds, private corporate bonds, unlisted shares, and fractional investments.

Phase two will expand the system to publicly offered securities,

like a Robin Hood situation. Phase three would create on-chain settlement using stable coins and other digital payment assets. So this is not South Korea creating a small crypto sandbox. They're designing a path for conventional crypto uh conventional capital markets, all of it, issuance, trading, settlement, and investor rights, uh investor rights to operate on chain. So this is one of the most forward-thinking governments now that like we're seeing in the United States, will be moving everything towards tokenization

and towards crypto rails, which is all great.