Shinhan Investment partners with Etherfuse on SK gov't bond-backed Stablebond

Shinhan Investment & Securities has entered into a strategic partnership with global real-world asset (RWA) platform Etherfuse to collaborate on issuing a Stablebond backed by South Korean government bonds, Money Today reported. Under the agreement, Etherfuse will issue the Stablebond, which will trade under the ticker KTB. Shinhan Investment & Securities will not act as the issuer or seller of the product but will instead provide government bond brokerage services and support the acquisition and management of the underlying assets.