Avalanche Soars 3.79% as South Korea's Hanwha Completes Tokenized Securities Platform
Avalanche (AVAX) has seen significant growth over the past 24 hours, increasing by 3.79%, driven in part by a new institutional tokenized-securities platform built on Avalanche by South Korea's Hanwha Investment & Securities.
This development has strengthened the 'RWA / institutional' narrative and triggered a technical breakout that traders are capitalizing on.
The primary catalyst for AVAX's recent price increase is Hanwha's decision to build and complete a tokenized securities platform on Avalanche. This platform runs on Avalanche and Hyperledger Besu, as detailed in reports from The Block and TradingView / CoinMarketCal.
These articles tie Hanwha's platform directly to South Korea's amended Electronic Securities Act and Capital Markets Act, which will formally recognize distributed ledgers as securities registers and integrate tokenized securities into the regulated capital-markets framework starting February 4, 2027. Avalanche is one of the specific ledgers that the Korea Securities Depository is preparing infrastructure for.