This week, the heart of Luxembourg buzzed with blockchain advancements as the ERC3643 Association took the stage at Luxembourg Blockchain Week.
The event, spread across multiple venues, spotlighted innovations in Blockchain, Urbantech DeFi, Sustainable Finance, DLT, Sustainability, and more.
Luxembourg isn't just any backdrop for this event. As the world's second-largest investment fund asset domicile, right behind the U.S., it manages over $5 trillion in assets. This fact underscores the country's pivotal role in the financial sector, a reason many of our association members choose to domicile here.
During the event, one of our founding members, Luc Falempin, CEO of Tokeny, addressed the attendees about the vital role of a unified standard in tokenization.
He emphasized that while many institutions initially lean towards private blockchains for perceived control, many realize these don't offer scalability or fulfill blockchain's potential. In contrast, ERC3643 is tailored for permissioned uses, especially securities, paving the way for on-chain enforcement, all on a permissionless network.
It was a pleasure to witness the excitement in Luxembourg and network with leading financial players taking action in this domain.
Here are some photos from the event:
Our association continues to pave the way for a unified tokenization framework. Stay connected for more updates.
Interested organizations that share our vision are always welcome to join our mission. Contact us here.