Polygon Powers T-REX Ledger with $100B Asset Commitment
The T-REX Ledger, a dedicated compliance layer for tokenized securities, has launched its testnet on Polygon's Chain Development Kit (CDK) and Agglayer. This move aims to make compliant digital securities interoperable across blockchain networks while maintaining regulatory standards.
T-REX Network is backed by a $100 billion commitment from Apex Group, which services approximately $3.5 trillion in assets. The initiative seeks to bring $100 billion in tokenized assets onto the network by June 2027.
The T-REX Ledger uses ERC-3643, a token standard for regulated securities that has already been used to tokenize over $32 billion in assets. This standard is supported by institutions including DTCC, Deloitte, ABN AMRO, and Fireblocks.