DB Securities signs MOU with Optimism Foundation on token securities

DB Securities is partnering with the Ethereum Layer 2 (L2) Optimism Foundation to accelerate the establishment of its business framework for domestic and international token securities (STO) and real-world assets (RWA). According to Maeil Business Newspaper, the two parties signed a memorandum of understanding (MOU) in Manhattan, New York, to promote STO and RWA projects specific to South Korea's Jeju region and to explore collaborative business models. As their first joint initiative, they will develop a platform to tokenize real-world assets such as smart farms, livestock, and K-content intellectual property (IP).