By Wooyoung Lee ( March 26, 2026, 06:01 GMT | Insight) -- Nextrade, an alternative stock trading platform in South Korea, is under investigation by the Korea Fair Trade Commission over allegations that it misappropriated security token offering, or STO, technology from a Seoul-based startup. The probe follows a complaint filed by the startup, which claims that Nextrade used its technical information to support an application for an STO exchange platform license from the country's financial regulator. Nextrade, an alternative stock trading platform in South Korea, is under investigation by the country’s competition regulator over allegations that it misappropriated security token offering, or STO, technology from a startup called Lucentblock....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.