South Korean Investors Pivot to Ethereum Stocks as Tokenization and $PUBLIC Listings Gain Momentum

[Hypedyor]

South Korean retail investors, often referred to as “seohak ants,” are shifting away from traditional big tech stocks like Tesla, Alphabet, and Apple in favor of Ethereum-related investments. According to data from the Korea Securities Depository, these investors sold around 1 trillion won ($721.6 million) worth of Tesla shares in the past month, alongside significant selloffs of Alphabet and Apple. Instead, they poured $269 million into BitMine, a Bitcoin mining and Ethereum treasury company that now holds the largest public ETH position. Other top purchases included Coinbase, Robinhood, and Sharplink Gaming, highlighting a growing preference for crypto-linked equities.

 

Meanwhile, the tokenization wave continues with Hedera’s KAIO platform enabling tokenized funds, and new opportunities emerging for retail traders. PublicAI ($PUBLIC) is hosting a Listing Carnival from August 15–22 on BingX, giving users the chance to share in 1,360,000 PUBLIC tokens. Together, these developments showcase the deepening ties between traditional finance, blockchain, and retail investors. Are you exploring tokenized funds?