RWA Tokenization
In the light of tokenization, token standards play a pivotal role in defining the functionality and security of digital assets. NEND is adapting ERC-3643 as its standard for its tokenization
ERC-3643: The token standard to be used by NEND
At its core, ERC-3643 represents a robust token standard crafted to cater to enterprise-level tokenization needs and has been endorsed by notable institutions and firms—Apex Group, Invesco, Aztec, CMS, DLA Piper, and Polygon—further solidifies its credibility. This consortium indicates a collective effort to drive global adoption and standardization, emphasizing ERC-3643 as the go-to framework for enterprise-ready tokenization.
Over the past six years, ERC-3643 has facilitated assets tokenization exceeding $28 billion, marking a significant milestone in its track record. This substantial utilization across diverse projects underscores its reliability and adaptability for a slew of tokenization requirements.
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