Tokenization of Funds shares & bonds
The tokenization of funds shares and bonds has been a major topic over the last years mainly due to the regulation complexity in regards to such financial products. Nonetheless, it is finally taking shape through a solution called ERC3643.
The ERC3643 consists in an open source suite of smart contracts enables the issuance, management and transfer of permissioned tokens and is already used by large financial institutions to tokenize real-world assets.
The ERC3643 allows actors wishing to interact with digital assets to ensure their activities remain compliant with global regulatory requirements. It does this through the use of permissioned tokens and digital identities, i.e. tokens that can only be sent or received based on the verified credentials of investors.