ERC-7621: What Does It Mean for Crypto Startups?
With the ever-changing landscape of cryptocurrency, the arrival of ERC-7621 is about to shake things up—especially for crypto startups in Asia. This new token standard on Ethereum comes with improved security and compliance features, but it also makes us wonder about the future of decentralization in DeFi. So what does this mean for crypto businesses?
The Lowdown on ERC-7621
ERC-7621 is a new Ethereum token standard that aims to enhance how we manage assets on-chain. Think of it like a decentralized ETF, allowing for multi-asset tokenized baskets. What’s cool is that it offers fractional ownership and the ability to rebalance portfolios, all while being governed in a decentralized way. It sounds great, right? But it does come with…
