Bringing new markets onchain requires compliance infrastructure that supports issuer-sponsored tokenization.
Today, we're thrilled to introduce MPL-3643: a new standard for permissioned real-world assets and tokenized securities on @solana.
There are RWA issuers who have already used ERC-3643 on EVM and want to launch on Solana, but donโt know how
MPL-3643 (the Solana equivalent) is our wedge at Metaplex and itโs resonating in convos
Solana is the only chain weโve ever built on and no one knows it better than us
"A gold mine financed like a fund, and traded like a token."
@DegenMack took the stage at at @blockworksDAS to break down how @CrucibleLimited and KCA are bringing gold production onchain with MPL-3643.
Main benefits of tokenization are distribution and expanding an assetโs utility (trading, borrow/lend, etc)
Everything else is noise
Solana clearly best chain for distribution given its users (retail) represent incremental demand for a lot of RWAs
Metaplex and FairClub are partnering to unlock private startup markets on Solana.
Powered by MPL-3643, the standard for bringing permissioned RWAs and tokenized securities onchain.
You've seen tokenized gold. This is tokenized gold production.
@metaplex Foundation has signed an MOU with @CrucibleLimited to bring it to Solana, built on MPL-3643.
A fund pays a mine upfront. Verified holders get paid in tokenized gold as it's produced.
Metaplex Foundation has signed an MOU with @CrucibleLimited to collaborate on bringing tokenized gold production to Solana.
Built on MPL-3643: the standard for permissioned RWAs and tokenized securities on Solana.