The HBAR Foundation has officially become a member of the ERC-3643 Association, an important step in supporting institutional grade real world asset (RWA) tokenization. The move comes as Hedera increasingly focuses on compliance, performance and institutional adoption, particularly as the ERC-3643 standard takes off in the financial world.
What got peopleâs attention is that the same announcement also mentions the Depository Trust & Clearing Corporation (DTCC). The Association also counts the DTCC among its recent members, which handles trillions in securities transactions annually. Although there is no direct partnership with HBAR, this alignment under the same token standard paves the way for possible collaboration.
The ERC-3643 Associationâs president called 2024 the "golden year of tokenization," and HBAR seems well-positioned to ride that wave.Â
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