Shinhan Securities Unveils Tokenized Bond RWA Product

Shinhan Securities is set to launch its tokenized real-world asset (RWA) product, Yield5, in July. The product will target an annual return of 5% and include bonds held by Shinhan Securities in its portfolio.

This move follows efforts from regulated financial institutions to expand the RWA market by tokenizing traditional assets such as bonds, real estate, and private credit.

The industry is paying attention to the use of Shinhan Securities-held bonds as underlying assets for an on-chain product. As more traditional financial assets owned by regulated financial institutions are tokenized into blockchain-based investment products, the RWA market is expanding rapidly.