# The ERC3643 Association ## Overview The ERC3643 ASBL is a non-profit association based in Luxembourg, created in 2023. It currently has more than 70 members: ## Purpose The ERC3643 no-profit association is a collaborative effort between industry key players to catalyze worldwide adoption of the ERC-3643 token standard for real-world assets tokenization to eliminate silos and ensure interoperability. The ERC3643 Association is a non-profit organisation regrouping industry leaders within a shared mission to advance the adoption of the ERC-3643 standard and promote the development of a **standardised, secure, and compliant tokenization framework.** The association brings together the expertise and resources of its members to foster collaboration, drive innovation, and create a more inclusive, efficient, and secure financial landscape. By supporting the widespread adoption of the ERC-3643 standard, the association aims to unlock the full potential of tokenization and pave the way for a new era of global asset management. ### Educate. Enable. Influence The ERC3643 Association is dedicated to three core objectives: * fostering market awareness * empowering developers * influencing decision-makers and lawmakers. There are three main dimensions to working groups dedicated to achieving the missions: * **Technology & Security**: Ensures the technical development and security of the ERC3643 protocol. * **Legal & Compliance**: Validates the ERC3643 compliance framework and tokenization practices. * **Ecosystem & Education**: Builds a collaborative and supportive community. ## Results in 2024 * ERC-3643 mentioned as the main standard for RWA tokenization in many [publications](https://www.erc3643.org/history-of-erc-3643) * 70+ active members: Web3, global law firms, Financial institutions, Tokenization platforms and Integrators * Code open-sourcing and official ERC status for the whole token protocol * Security audit with 10/10 security score * ERC3643 Association received [Initiative of the Year 2024 Award](https://www.erc3643.org/history-of-erc-3643) by Deloitte * ERC tracker on [Dune Analytics](https://dune.com/qualitax/erc-3643-analytics) * Dapp front-end [components](https://github.com/ERC-3643/erc3643-packages) * ERC-3643[ deep dive report](https://www.erc3643.org/knowledge-center/demystifying-erc-3643) * ERC-3643 documentation * ERC-3643 [DApp](https://github.com/ERC-3643/ERC-3643-DApp) (in progress) * DeFi solutions: lending, distribution, etc. (several members working on several projects)
{% hint style="info" %} **DISCLAIMER**: The members of the ERC-3643 non-profit association promoting the ERC-3643 token protocol are not required or forced in any way to use or accept the T-REX utility token for their activities, clients, or users. The tokenomics of the T-REX utility token are designed to incentivize members to contribute to the ecosystem and accept the T-REX utility token. However, it is important to note that the novel and complex nature of utility tokens may pose challenges for regulated financial institutions in terms of compliance and regulatory requirements. As such, these institutions may exercise caution and discretion when dealing with utility tokens, including the T-REX utility token. As such, the use of the T-REX utility token by members of the non-profit association is entirely voluntary and subject to their own discretion and compliance requirements. Members are free to choose whether or not to accept the token for their services, and their decision will not affect their membership status or involvement in the association. Furthermore, the non-profit association promoting the T-REX utility token does not provide any financial, legal, or investment advice regarding the use of the token. Members are encouraged to seek professional advice before making any decisions related to the use or acceptance of the token. We believe that the T-REX utility token has the potential to bring significant benefits to the ecosystem and its participants. However, we also recognize the need for caution and compliance with relevant regulations and laws. Thank you for your understanding and support. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.erc3643.org/erc-3643/resources-and-community/the-t-rex-dao/the-erc3643-association.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.