Beatoz and Eugene Investment & Securities to Verify Stablecoin Settlement for Tokenized Securities Subscription Payments

- Rights On-Chain, Payments in Bank Accounts... Bifurcated Process First to Be Verified
- Confirming End-to-End On-Chain Settlement from Subscription to Final Payment

BEATOZ and Eugene Investment & Securities will verify a structure for settling tokenized securities subscription payments using stablecoins. On the 21st, both companies announced that they had signed a memorandum of understanding (MOU) to expand cooperation in the field of digital assets and blockchain.

The top priority cited by both companies is the proof of concept (PoC) for "tokenized securities subscription payment settlement." While tokenized securities are designed to record the holdings and rights transition of securities on-chain via distributed ledger technology, actual subscription payments must still be routed through traditional bank account systems. This results in a bifurcated structure where securities and payments move along separate pathways.

The two companies plan to convert this payment segment to stablecoins, verifying a process in which the entire flow from subscription to settlement is managed on-chain as a single stream.

The main areas of collaboration include: ▲ Giving priority to the PoC for stablecoins as a payment mechanism for tokenized securities subscriptions ▲ Jointly reviewing the potential applicability and scope of stablecoins within securities operations ▲ Developing subsequent infrastructure linkages and follow-up collaboration based on the verification results. Through this agreement, the companies aim to combine BEATOZ's regulatory-compliant hybrid blockchain technology and Eugene Investment & Securities’ expertise in securities operations.

In particular, both companies are participants in the Hana Financial Group KRW stablecoin consortium, sharing a collaborative foundation in stablecoin-related initiatives. This agreement is focused on concretely verifying the potential applications of stablecoins within securities business operations, based on this shared infrastructure.

Seokhoon Eun, Head of AX Innovation at Eugene Investment & Securities, stated, "This MOU marks the first step toward infrastructure that connects tokenized securities with stablecoins," adding, "We intend to use the previously developed tokenized securities issuance platform to pursue proof-of-concept studies and collaborative research in order to find practical solutions."

Lee Sang-kook, CEO of BEATOZ Korea, said, "Although tokenized securities are designed to process rights transfers on a distributed ledger, payment settlement remains on existing financial rails. Leveraging BEATOZ's hybrid blockchain, which was designed with regulatory compliance in mind, and the Crypto Payment Gateway (CPG) co-developed with RingNet, we have built reference models for payment and settlement. Through this collaboration, we aim to establish the same workflow within the capital markets."

Eugene Investment & Securities completed the development of a tokenized securities platform in 2024, and since then has collaborated with various partners to build its tokenized securities business. In 2025, the company also participated in a tokenized securities pilot project led by the Korea Securities Depository and is currently a member of the Hana Financial Group KRW stablecoin consortium together with BEATOZ.

Meanwhile, BEATOZ is a digital financial infrastructure company linking corporate business with the digital asset economy. It supports the digital transformation of financial institutions and businesses based on its regulatory-compliant hybrid blockchain and the CPG system co-developed with RingNet.

This content was produced with the assistance of AI translation services.