Metaplex introduces MPL-3643 standard for tokenized securities on Solana

1 hour ago 1



Metaplex, the protocol best known as the backbone of Solana’s NFT ecosystem, is making its boldest move yet into regulated finance. The organization has launched MPL-3643, a new token standard designed specifically for permissioned real-world assets and tokenized securities on Solana. The standard provides issuers with onchain compliance controls covering investor eligibility verification, jurisdictional limits, lockup periods, and transfer restrictions. What MPL-3643 actually does The standard is modeled after Ethereum’s ERC-3643, which has become the go-to framework for compliant tokenized securities on that chain. MPL-3643 brings equivalent functionality to Solana, built natively on the network’s architecture. Under the hood, it leverages three pieces of existing Solana infrastructure: the Token-2022 program, the Solana Attestation Service, and sRFC 37. Together, these components handle compliance enforcement without piling on significant per-transaction costs. One of the more practical design choices is support for reusable investor verifications through partnerships with trusted identity services. Once an investor completes a compliance check, that verification can be used acr...

Read Entire Article