Hanwha Investment & Securities has developed a tokenized securities platform using Avalanche as South Korea prepares to formalize blockchain-based securities infrastructure. The platform is designed to bring private-market assets into a digital framework, targeting instruments such as hedge funds, private credit, real estate and unlisted shares.
According to the Seoul Economic Daily, Hanwha developed the infrastructure with blockchain company FairSquare Lab after beginning work on the project in 2025. The system combines Avalanche with Hyperledger Besu in a dual-chain architecture, allowing public blockchain settlement to coexist with permissioned financial workflows.
Avalanche Supports Settlement Infrastructure
Under the reported design, Avalanche provides the public blockchain layer while Hyperledger Besu, an Ethereum-compatible enterprise network, supports restricted processes. The architecture is intended to combine blockchain settlement with the controlled access requirements of institutional finance, rather than moving every stage of securities management onto a fully public environment.
Hanwha is targeting high-net-worth individuals and family offices with private-market investments that have traditionally involved relatively fragmented issuance and ownership infrastructure. Tokenization could provide a digital representation of these assets while preserving the regulatory and operational controls required for securities, although Hanwha has not disclosed the scale of assets expected to migrate onto the platform.
The project also fits into infrastructure being developed by the Korea Securities Depository. The KSD is preparing a multi-chain system designed to support Avalanche, Hyperledger Fabric and Hyperledger Besu. That model would connect tokenized securities with South Korea’s established depository and electronic-registration infrastructure, rather than creating an entirely separate market outside existing financial systems.
South Korea Prepares for Tokenized Securities
Under the emerging model, the KSD would serve as a central node responsible for monitoring issuance and connecting distributed-ledger records with legally recognized securities registrations. Multi-chain compatibility gives financial institutions flexibility over their technical architecture while preserving centralized oversight of securities issuance and ownership.
Avalanche has also appeared in other institutional experiments in South Korea. POSCO International conducted a tokenized trade-receivables pilot on the network in August 2026, while Hanwha-affiliated entities have previously invested in tokenization company Securitize. These developments point to increasing experimentation with blockchain infrastructure across traditional financial and corporate workflows.
The timing is significant because South Korea is preparing a phased regulatory framework for tokenized securities beginning in 2027. Hanwha has built its technical infrastructure ahead of the new regime becoming operational, allowing the firm to prepare for regulated issuance before the legal transition is complete.
Hanwha’s development represents an infrastructure milestone rather than a live tokenized securities offering, with commercial deployment still dependent on regulatory implementation and future product decisions.