Meritz Securities Signs Memorandum of Understanding with Optimism to Explore Tokenized Financial Assets

Meritz Securities of South Korea has signed a memorandum of understanding with the Optimism Foundation to study the issuance, settlement, and distribution framework of tokenized financial assets based on the OP Mainnet and other OP Stack networks. They aim to explore business models that utilize public Layer 2 as the infrastructure for the distribution and settlement of tokenized financial assets. Meritz Securities stated that it will research participation in the supply and distribution of tokenized financial products based on domestic assets in South Korea, within the scope of applicable laws and securities business licenses. They will also determine the specific areas of cooperation in conjunction with the progress of the regulatory framework for security tokens in South Korea and market conditions. Previously, KB Securities and DB Securities in South Korea have also explored tokenization business on the OP Stack.

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