Adoption and Asset Management Across Jurisdictions
More than 40 different tokens have been launched using ERC-3643, representing over $28 billion in tokenized assets across more than 180 countries. This standard enables compliance with various regulatory environments while maintaining the benefits of decentralized infrastructure.
ERC-3643’s features are particularly suited for financial instruments like tokenized bonds, equities, and funds that require rigorous identity verification and regulatory compliance.
Boosting Security and Operational Efficiency
DTCC will integrate ERC-3643 into its proprietary ComposerXTM platform, particularly the ComposerX Factory, a tokenization engine for managing structured financial data. This move aims to enhance compliance, risk mitigation, and security across digital asset ecosystems, while also streamlining operations and lowering costs.
The integration positions DTCC to play a central role in bridging traditional finance and decentralized networks, with ComposerX becoming a cornerstone for token issuance and data standardization.
Industry-Wide Impact and Regulatory Interest
DTCC’s endorsement of ERC-3643 indicates growing regulatory comfort with blockchain solutions in traditional financial sectors. The firm’s adoption of tokenization follows its earlier pilots using Avalanche subnets and the Canton Network to explore on-chain settlement of U.S. Treasury Bills.
Regulators like the Commodity Futures Trading Commission (CFTC) are following suit. The CFTC announced a CEO Forum on February 7 to explore stablecoin applications and tokenized non-cash collateral, with participation from major firms like Circle, Coinbase, and Ripple.
A Permissioned Framework for Compliance
A Snapshot of Their Market Role