Shinhan Investment & Securities Seeks License Expansion for Tokenized Assets

Shinhan Investment & Securities' Hong Kong subsidiary is in preliminary discussions with the Securities and Futures Commission to broaden its license to include tokenized assets. According to NS3.AI, the company aims to maintain its traditional securities license while incorporating Security Token Offerings (STO) and Real-World Assets (RWA) business lines. A senior official indicated that the review is concentrating on issuance and distribution for professional investors, such as institutional investors, family offices, and high-net-worth individuals.