Highlights
Pi Network could soon play an important role in the growing market for tokenized assets. This development involves Stellar, which has recently joined the ERC-3643. This gives networks like Pi a chance to participate in regulated, borderless asset markets.
The Stellar Development Foundation (SDF) announced its membership in the ERC-3643 Association. This could bring tokenization of RWAs to Pi Network’s ecosystem due to its strong foundation in Stellar’s ecosystem.
ERC-3643, created by Tokeny, is a blockchain system for “permissioned tokens.” These are digital assets with built-in rules for compliance. These rules ensure that only verified and approved participants can buy, hold, or trade these assets, meeting strict global regulations.
By joining the ERC-3643 Association, the SDF aims to improve the tokenization of real-world assets (RWAs) on the Stellar network. A main goal is to encourage the use of RWAs by partnering with asset issuers, institutions, and blockchain developers to include compliant tokenized assets in Stellar’s ecosystem.
Additionally, the SDF wants to enable cross-chain interoperability between Stellar and Ethereum. This will allow compliant tokenized assets to move easily between different blockchain networks, making regulated tokenized markets more accessible worldwide.
“Joining the ERC3643 Association reflects our belief that open standards, strong compliance frameworks, and interoperability are essential to scaling tokenized real-world assets,” said Tomer Weller, CPO of the Stellar Development Foundation
Association President Dennis O’Connell called Stellar’s involvement a “major milestone” that aligns fast and efficient Stellar transactions with a compliance framework already recognized by regulators, including the U.S. SEC.
Pi Network, built on Stellar Core, could directly benefit from this push toward compliant RWA tokenization. Dr. Altcoin, a well-known Pi Network expert, pointed out that this development clears the path for Pi to support tokenized real-world assets. He also said Pi co-founder Nicolas Kokkalis hinted at years ago.
Pi could issue tokenized shares using the ERC-3643 framework on Stellar, ensuring that only vetted investors can trade them. With this, its ecosystem could facilitate regulated global trading of tokenized property, equities, or other assets without barriers.
This news comes after Stellar’s upcoming Protocol 23 release, which could upgrade the Pi Network. One major benefit of this would be enabling Pi Network to run dApps from its Pi AI App Studio on a fully decentralized framework. This could strengthen the Pi ecosystem, potentially impacting the Pi Coin’s long-term value.
The combination of Stellar’s ERC-3643 partnership and the incoming Protocol 23 could be bullish for Pi Network. If Pi’s developers embrace these capabilities, the project could grow into a regulated, globally connected network powering real-world financial markets.
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