LS Securities, Silicon Valley to explore opportunities in token securities

[Courtesy of LS Securities Co.]

LS Securities Co. said on Thursday that it signed a memorandum of understanding (MOU) with Uriverse, Inc., a Silicon Valley-based tech firm, to collaborate on security token offerings (STOs).

Under the agreement, the duo will work together in token securities platforms and other next-generation financial services. LS Securities created a new team to advance its token securities initiatives, including developing token securities platforms and building infrastructure, in 2023.