LS Cable & System Plans Security Token Initiative for Copper and Rare Earths

LS Cable & System is preparing to enter the security token market with a focus on copper and rare earths, aiming to liquidate over 1 trillion won ($725 million) in raw material assets. According to NS3.AI, the company intends to launch this initiative alongside the introduction of a legal framework for security tokens expected next year. LS Cable & System believes that enhanced liquidity could facilitate investment in projects like new factory construction.