Samsung SDS wins contract to build STO platform for Korea's KSD

Samsung SDS has won the contract to build the Security Token Offering (STO) platform for the Korea Securities Depository (KSD), the Seoul Economic Daily reported. The company plans to establish a formal STO system for live transaction processing and stable service operations, with a target completion date of February 2027. This year, Samsung SDS launched a new "Digital Asset Consulting Group" within its Strategic Marketing Office's Financial Consulting Team. The group is tasked with developing business strategies and managing sales for virtual assets, including STOs and stablecoins.