Securitize stock jumps 8% amid South Korea tokenization push
The LG CNS partnership gives Securitize a foothold as the Seoul prepares new rules for tokenized stocks, bonds and funds beginning in February 2027.
Shares of tokenization platform Securitize rallied sharply on Tuesday after the company announced a partnership with South Korean technology company LG CNS as the country prepares to introduce a new framework for tokenized securities.
Securitize (SECZ) rose nearly 8% in early Tuesday trading to around $12.60, outperforming most major crypto-linked stocks, before pulling back later in the morning. The company began trading on the New York Stock Exchange in July after completing its merger with special purpose acquisition company Cantor Equity Partners II.
