South Korea
TokenPost
LG CNS Launches 'KITL' Blockchain Infrastructure for Financial Institutions
- LG CNS launched KITL (Gitteul), a blockchain infrastructure platform for financial institutions, on October 6.
- LG CNS signed MOUs with five global blockchain companies, including Securitize, to build out the platform's ecosystem.
- LG CNS and Securitize will jointly develop a fund and bond tokenization solution compliant with Korean regulations, timed to a related law amendment taking effect February 4, 2027.