Lucent Block, Application for Preliminary License for Profit Securities Investment Brokerage Business

– Full-scale expansion of digital securities-based investment services

– Application for preliminary approval from the Financial Services Commission… Preparation for expansion of platform-based business

LucentBlock (CEO Heo Se-young), which operates the real estate token securities (STO) platform ‘Soyou’, announced on the 18th that it has applied for preliminary approval for a securities investment brokerage business license from the Financial Services Commission.

Since its establishment in November 2018, LucentBlock has been independently building technology and infrastructure to improve digital securitization of income securities and investment accessibility. Through this application, it plans to obtain a formal financial investment business license under the Capital Markets Act and establish a safer and more reliable service foundation within the institutional system.

Under the philosophy of 'Opportunity for Ownership for All', Lucent Block is issuing income securities by listing real estate on the exchange. After completing the Daejeon Hana Startup Park public offering in April, a total of 11 real estate token securities products have been sold out, providing investors with high returns and differentiated products. The number of members is approximately 500,000, and more than 70% of them are from the MZ generation.

“We are putting investor protection and compliance with financial regulations as our top priorities, and are working hard to create a transparent and efficient digital investment environment,” said Heo Se-young, CEO of LucentBlock. “We will continue to introduce investment products linked to various real-world digital assets.”

Meanwhile, Lucent Block, the first non-metropolitan financial service provider to be designated as an innovative financial service provider by the Financial Services Commission, is located in Daejeon and plans to diversify its investment product lineup through strategic collaboration with financial institutions and asset management companies in the future.