Shin Hee-jin, Kyobo Securities’ Director of New Business, states that the firm is actively pursuing new ventures, including STOs, real-world asset (RWA) products, and stablecoins. SBI, which operates primarily in Japan, Singapore, and Thailand, is seeking overseas expansion through partnerships with these markets. It plans to import proven RWA offerings into Korea and select competitive Korean products for pilot testing.
Kyobo Securities’ digital asset unit also oversees a venture arm, reflecting the firm’s broader approach to digital assets. The division is pursuing new businesses such as tokenized securities (STO) and stablecoins, aiming to diversify its digital asset portfolio and explore innovative markets.
Last week, STO over-the-counter venue licensing was granted, and Kyobo Life Insurance—a major shareholder in the KDX Consortium—plans to issue about one product before STO markets open early next year to drive revenue. Since the MOUs on STO collaboration were signed, SBI Financial Group has established a close partnership with Japanese financial entities, underscoring its active stance in digital assets and international collaboration.
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