New Tokenization Standard Enables Fractionalized Ownership of Real-World Assets on Ethereum
• ERC-3643 established as standard for compliant tokenization of real-world assets on Ethereum • Incorporates identity verification and global token restrictions for security and compliance • Enables fractionalized ownership of assets like real estate, art, financial assets via tokenization • Asset tokenization market worth estimated to reach $10 trillion by 2030 • Major financial institutions like JPMorgan and Goldman Sachs exploring asset tokenization