Canton Enters South Korea as Meritz Eyes Tokenized Finance Deals

South Korean investment firm Meritz Securities has struck a partnership with the Canton Foundation to explore bringing tokenized Korean financial assets into international institutional markets. The announcement shared with Bitcoin.com News explains that the agreement targets domestic securities, cross-border liquidity, and blockchain-based collateral. Wall Street’s blockchain ambitions are finding another foothold in Asia. On Thursday, Oct. 15, the Canton Foundation announced a partnership with South Korea’s Meritz Securities. The release disclosed to Bitcoin.com’s newsdesk details that the goal is to explore tokenizing traditional financial assets and connecting them with international markets. The arrangement also opens the door to using digital representations of high-quality debt instruments as collateral across borders.

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