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KoreInside and Digital Motion partner on tokenized securities for public chains

Bitcoinist reports KoreInside and Digital Motion are partnering to move regulated tokenized securities onto Ethereum, Solana, Avalanche and Base, using SPL-4133 on Solana.

Why it matters

The partnership targets the gap Bitcoinist describes between placing an asset on a public chain and keeping accreditation, ownership-record and transfer-eligibility rules enforceable once it is there. Its scale is unproven: no issuer, date or market was named, and one outlet is the only evidence of the arrangement.

Key facts

KoreInside and Digital Motion have announced a partnership for deploying regulated tokenized securities on public blockchains.

Reported by Bitcoinist

KoreInside provides infrastructure around regulated securities, covering investor eligibility and ownership requirements.

Reported by Bitcoinist

Digital Motion provides the technical Web3 layer for deploying and operating those securities across public blockchain networks.

Reported by Bitcoinist

The collaboration is expected to support deployments on Ethereum, Solana, Avalanche and Base.

Reported by Bitcoinist

Digital Motion plans to use its SPL-4133 security-token standard as part of the technical framework for Solana projects.

Reported by Bitcoinist

What happened

Bitcoinist reported that KoreInside and Digital Motion have announced a partnership aimed at letting issuers move regulated tokenized securities onto public blockchains. The report describes KoreInside as supplying compliance infrastructure around regulated securities, including investor eligibility and ownership requirements, while Digital Motion supplies the technical Web3 layer for deploying and operating those assets on-chain. Bitcoinist named Ethereum, Solana, Avalanche and Base as networks the collaboration is expected to support, and said Digital Motion plans to use its SPL-4133 security-token standard for Solana projects. The report gave no issuing company, launch date, jurisdiction or volume figure, and the SPL-4133 role on Solana is described as planned rather than in use. No outlet other than Bitcoinist covered the announcement, so the arrangement is uncorroborated at this point.

How the story developed

  1. First report

    First report by Bitcoinist

    Tokenized Securities Firm KoreInside Targets Ethereum, Solana And Avalanche With New Web3 Partnership

    Bitcoinist

  2. Update

    Bitcoinist reports the KoreInside and Digital Motion partnership

    The write-up names Ethereum, Solana, Avalanche and Base as target networks and describes SPL-4133 as the planned standard for Solana deployments.

    Bitcoinist

Affected entities

Original sources

PublisherReportRolePublished
Bitcoinist
Crypto media
Tokenized Securities Firm KoreInside Targets Ethereum, Solana And Avalanche With New Web3 PartnershipOriginal