the new Ethereum standard for bull and bear token securities

SEC and the leaders of Ethereum are in dialogue about the ERC-3643 standard: the first, concrete step towards regulated securities tokens.

What is the Ethereum ERC-3643 standard and why is it of interest to the SEC?

ERC-3643 is a technical standard for cryptocurrencies and financial assets on the Ethereum network. The goal: to become a global reference for the creation, management, and transfer of tokenized securities (i.e., traditional securities digitized on blockchain) in compliance with current laws.

This innovation originates from the ERC-3643 Association and, in recent months, has attracted prominent partners: Chainlink Labs, Enterprise Ethereum Alliance, and Linux LF Decentralized Trust.

The real turning point: now even the SEC (Securities and Exchange Commission) includes ERC-3643 and similar frameworks among the key tools for the evolution of the US capital markets. A change of pace that, until a few months ago, would have been unthinkable.

How did the meeting between the SEC and crypto leaders come about?

On June 13, 2024, the SEC Crypto Task Force met for the first time with the elite of decentralized finance connected to Ethereum: ERC-3643 Association, Chainlink Labs, Enterprise Ethereum Alliance, and Linux LF Decentralized Trust.

At the center of the table: the proposal to use open standards (such as ERC-3643) and automatic compliance systems (such as Chainlink ACE, a smart contract framework that automates compliance and control) to bring securities, bonds, and other assets “onchain” without violating current regulations.

According to Dennis O’Connell, president of the ERC-3643 Association, the SEC this time has shown itself to be “extraordinarily open to dialogue and motivated to make the USA a leading player in blockchain for capital markets again.” A sharp change in direction compared to the cautious skepticism of recent years.

A historic moment for Ethereum.

Together with @erc3643, @chainlink, @lfdecentralized , @Etherealize_io we joined the SEC Crypto Task Force to educate about the importance of standards.

Ethereum doesn’t spend billions in marketing. We’re the standard builders. We’re the tech… pic.twitter.com/hRaVz7a1fX

— Redwan (@RedoudouM) July 17, 2025

Why is this opening historic?

The SEC working group had never addressed with this level of detail the impact of open source standards in financial processes. The industry, in fact, has presented concrete proposals on the main critical points of crypto regulation in the USA: identity, compliance, registry, and asset control.

Although the SEC has not (yet) taken a definitive stance on tokenized securities, it now acknowledges that innovative standards and frameworks can address some of the major regulatory concerns: from investor verification to restrictions on the circulation of securities, from KYC (know your customer) to the automation of reporting.

What consequences for tokenization in the United States?

The new SEC – crypto industry dialogue marks a strategic step for the USA to not miss the train of tokenization. In Europe and Asia, in fact, regulators have already moved to integrate (at least partially) criptovalute and digital assets into the “mainstream” markets.

After months of private negotiations, the confrontation now becomes public: hence the concrete possibility that ERC-3643, Chainlink ACE, and other similar models become the reference standard for digital equity, tokenized real-world assets (RWA), debt securities, private equity, and more.

This is also stated by Dennis O’Connell: “We have explained why, as in other sectors, including traditional finance, standards are the true cultural and technological accelerator. Only in this way can securities truly ‘become onchain’, unlocking liquidity and innovation.”

What did the SEC say about innovation after the meeting?

The discussion was not limited to the technical table. The following day, the SEC clarified its new position with unequivocal words, reported by Bloomberg.

Paul Atkins, SEC chairman, explained that the agency is considering the introduction of an innovation exemption that would allow the development and trading of tokenized securities according to new methods, thanks to standards like ERC-3643 and automated compliance tools like Chainlink ACE.

Strong words: “If it can be tokenized, it will be tokenized,” declares Atkins, admitting that the progressive digitization of assets through blockchain is now inevitable.

This scenario envisions new experiments for the issuance and exchange of securities in digital format, with potentially explosive repercussions for Wall Street, investment banks, funds, SMEs, and private investors.

What happens now? Timing, risks, and outlook

Today the keyword is “openness”: the SEC does not yet offer definite rules, but finally does not close the door to the adoption of “open” models for the compliance of tokenized securities.

The next step? The ERC-3643 Association and its partners will maintain direct dialogue with the SEC Crypto Task Force and other American entities, aiming for clear and smart regulation that helps the USA surpass Europe and Asia (currently ahead in the real tokenization of financial assets).

In the meantime, growing attention from the communities, a new wave of projects on Ethereum, new “weapons” for DeFi and – if the promises turn into concrete regulations – the possible return of the USA among the leaders of the blockchain revolution.

All eyes remain on the SEC: the next move can change the history of on-chain finance.