Platform focused on institutional-grade tokenization, Brickken announced that its co-founder and OpenZeppelin senior security researcher, Dario Lo Buglio, has formally introduced a new token standard called the Universal RWA Interface (uRWA). This proposed framework aims to provide a modular and adaptable foundation for compliant tokenization practices. The uRWA standard is intended to resolve shortcomings in current RWA token protocols, which are often criticized for being too generalized, overly prescriptive, or restricted to specific private-sector applications.
“We recognized that the one-size-fits-all approach to token standards for RWA stifles innovation and poses unnecessary complexities to achieve modular and compatible RWA that fits into the continuously evolving DeFi space,” said Lo Buglio in a written statement. He added, “Universal RWA Interface (uRWA) lays down the essential building blocks for tomorrow’s tokenized financial instruments: nuanced transfers, compliance control mechanisms, and law enforcement rules.”
Many existing token standards are either tailored to narrow commercial use cases or attempt to address a wide range of scenarios, often leading to compromises in areas such as security, operational efficiency, transparency, or compatibility with decentralized finance systems.
The proposed uRWA introduces a structured framework designed to serve as a foundational layer for customizable token solutions developed by issuers, developers, and regulatory stakeholders. The standard is built to support full compatibility with ERC-20, ERC-721, and ERC-1155, enhancing its adaptability and interoperability across various token classes.
Among its core functionalities are mechanisms for transfer control that allow systems to verify whether transactions between specific parties and amounts are permissible; actor management features that determine whether a particular user has permission to interact with the token contract; and built-in enforcement capabilities enabling forced transfers, such as those required for asset confiscation, revocation, or user account recovery.
Brickken Develops Supplementary Specification To Enable Custom Token Behavior And Metadata For Diverse RWA Classes
Following the introduction of the uRWA, Brickken is currently developing a supplementary specification that builds on the initial framework. This extension is intended to allow developers to tailor token behavior and metadata structures to the specific needs of various RWA classes, including but not limited to private equity, real estate, fixed income instruments, commodities, credit products, and debt. By adopting a modular design, the framework encourages the broader community to contribute customized extensions, creating a flexible and expandable environment suitable for all types of RWAs.
The vision is to support a collaborative open-source ecosystem in which Brickken and external contributors develop diverse uRWA-based extensions, enabling a wide range of plug-and-play features applicable across different asset categories. To support this effort, the company is inviting developers and community participants to join the discussion through Ethereum Magicians and provide feedback.
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