[Special Stock] Finger Secures Leading Position in 367 Trillion STO Market Trading Platform... First Mobile Banking 'Trust'

Finger is gaining momentum. As the era of token securities issuance (STO) investment officially begins, securities firms' analyses suggesting that it is the early stage of a major upward trend appear to be influencing the stock price.

As of 1:49 PM on the 4th, Finger was trading at 15,420 KRW, up 2,500 KRW (19.35%) compared to the previous trading day.

Founded in 2000, Finger is a fintech company providing smart financial platforms. It mainly offers services to financial institutions and public organizations.

Choi Jae-ho, a researcher at Hana Securities, explained, "Finger's core competency is its ability to respond quickly to rapidly changing financial trends. In 2009, anticipating the dawn of the smart banking era marked by the first domestic launch of the iPhone, it developed the first mobile banking service in Korea."

He added, "In 2016, when fintech was gaining attention, Finger proactively developed and supplied related platforms and solutions. Starting with Shinhan Bank, it now supplies platforms and solutions not only to the financial sector but also to non-financial sectors."

Researcher Choi analyzed, "Finger has detected another trend change with the blossoming of the token securities market and is already developing core platforms and solutions. Given its references with various financial institutions and public organizations, it is expected to have an advantage in entering new business solutions for conservative financial institutions."

He emphasized, "With the legalization of token securities, when securities firms aim to build trading platforms, it is highly likely they will use Finger's platforms and solutions. Although it is still early, Finger is understood to be planning to enter the token securities issuance business as well."

Furthermore, he stated, "One of Finger's future growth engines, ‘IPNFT’, is a platform that allows trading of patent NFTs, through which it will secure blockchain and tokenization capabilities. Based on these capabilities, when entering the issuance business, it is highly likely to belong to the issuer account management institutions with distributed ledger requirements mentioned in the token securities guidelines."

Researcher Choi explained, "This means that token securities can be issued, registered, and managed without going through financial institutions. The intellectual property rights for patents secured for the NFT business will be used as tokenized underlying assets." He added, "In conclusion, under the current guidelines, Finger is a company that can supply trading distribution platforms and solutions along with entering the token securities issuance business, which will blossom through legalization."

He said, "Finger's proactive moves in line with the blossoming STO industry are highly anticipated."

Researcher Choi explained, "According to the 'Money, Tokens, and Games' report published by Citigroup, the market for tokenized digital securities, including bonds and funds, is expected to grow globally to between 4 trillion and 5 trillion dollars by 2030."

He continued, "According to Hana Financial Management Research Institute, the domestic token securities market is expected to partially replace the financial industry, estimating the market capitalization of the token securities market to reach 367 trillion KRW by 2030. Besides token securities, attention should also be paid to the growth prospects of digital assets. According to the market research firm Statista, the market is estimated to grow from about 7 billion dollars in 2020 to over 100 billion dollars by 2027, with an average annual growth rate of about 46.6%."

Researcher Choi noted, "Although there are discrepancies among research institutions, the growth potential of the token securities market is noteworthy. The era of STO investment is officially opening." He advised, "Currently, it is the early stage of market blossoming, and attention should be paid to the token securities industry, which will become full-fledged from next year."