Casper has joined the ERC-3643 Association, a non-profit advancing one of the most important standards for regulated asset tokenization.
Created by Tokeny, ERC-3643 is an open-source framework designed for permissioned token issuance. Recognized by regulators and trusted by financial institutions worldwide, it is the cornerstone standard for compliant tokenization.
ERC-3643 directly embeds compliance requirements, such as KYC and AML, into the creation and management of tokens, enabling institutions to tokenize financial instruments in a manner that satisfies regulators while retaining the benefits of blockchain.
Tokenization is one of the most powerful ideas driving blockchain adoption today. Real estate, art, financial instruments, loyalty points, and digital identities; all of these can be represented as tokens on blockchain.
Turning these physical and digital assets into tradeable tokens unlocks new ways for people to invest, for businesses to raise capital, and for communities to create self-sustaining economies.
Now a part of the ERC-3643 Association, Casper Network is extending its mission to make tokenization practical and regulation-ready.
Once fully implemented, Casper Network’s contributions to ERC-3643 adoption will include:
Matt Schaffnit, CEO of the Casper Association, put it:
“Casper Network is committed to enabling real-world commercial applications of blockchain. With ERC-3643, businesses can remain fully compliant with evolving regulations, while everyday users gain the assurance that tokenized assets are managed with the highest levels of security and transparency.”
Dennis O’Connell, President of the ERC-3643 Association, added:
"As a non-EVM layer-1 with validator-driven governance and a strong commitment to compliance, Casper brings unique strengths to advancing ERC-3643 adoption. Together, we will expand ERC-3643 into new ecosystems, promote interoperability across blockchains, and strengthen the foundation for a global, regulated market for tokenized assets.”
The collaboration aims to realize the potential of tokenization by unlocking:
ERC-3643’s compliance framework and Casper’s scalable and secure design make the path toward a tokenized economy much more tangible. With this combination, institutions will gain the assurance they need for tokenization, while individuals and communities gain new ways to access and benefit from global markets.
Learn more about ERC-3643.