NexChange launches preparatory fractional investment exchange in Korea

A consortium led by Nextrade (NXT) held the inaugural meeting of NexChange on Sept. 29 to build an OTC platform for fractional investment and Security Token Offering distribution. The exchange plans 12-hour trading, low fees and an investor protection fund, targeting a market launch after February.

• 21 institutions joined NexChange, with Nextrade (NXT) as largest shareholder
• Jeong Yoo-shin of Sogang University named first representative director
• Plans include 12-hour trading, low commissions and an investor protection fund
• Market opening follows February 2026, when STO issuance becomes legal