Hassan Maishera
On Thursday, Polygon Labs announced via X that pex Group (servicing $3.5T) and Polygon Labs back new compliance blockchain built for institutional capital markets. T-REX Ledger, backed by T-REX Network, Tokeny, and Apex Group (servicing $3.5T), launches with Polygon CDK as the first chain for compliant tokenized real-world assets.
Apex Group will act as onchain transfer agent and has adopted T-REX Ledger as its default multichain orchestration infrastructure, targeting $100B in tokenized assets by June 2027.
The network serves as a shared compliance reference layer so regulated digital securities can move across blockchains without fragmenting eligibility rules, investor registries, or ownership records.
The network is built with the ERC-3643, the token standard already used to tokenize more than $32 billion in assets. It is supported by the ERC3643 Association with 140+ institutional members, including DTCC, Deloitte, and Fireblocks.
Polygon (PoS) is a Proof-of-Stake scaling solution for Ethereum, and the default choice for sending money onchain. POL serves as the native gas token of this ecosystem, powering all transactions, and staking token, securing the network.
In return for staking, stakers earn rewards, incentivizing network security and participation. They can also become eligible for Agglayer ecosystem airdrops.
A significant application of POL is in the realm of payments and tokenized assets. Businesses and individuals can use POL to make seamless payments, benefiting from its efficiency and low transaction costs. Additionally, POL supports the creation and management of tokenized assets, enabling users to issue and trade digital assets on the Polygon network. This capability is crucial for industries looking to leverage blockchain technology for asset management and transfer.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 2.8% in the last 24 hours and trades at $0.09889.
