Launch Apex and Polygon ERC-3643 Chain for Tokenized Assets
Apex Group's token has tapped Polygon Labs to launch T-REX Ledger, a compliance-focused blockchain designed to help investors move across networks without repeating checks and transfer restrictions.
In a Thursday release shared with Cointelegraph, he said the project is targeting a key friction point in tokenized markets. ERC-3643, an Ethereum-based token standard, can support the issuance of RWAs that represent real-world assets, but identity proofs, eligibility rules, and transfer restrictions are often fragmented when the same asset is distributed across multiple blockchains.
The T-REX Ledger is being designed as a common compliance layer that other chains can claim, while settlements continue to take place on external networks. Built with Polygon's Chain Development Kit and connected to Aglier, the system is intended to act as a common ledger for investor eligibility and the transfer of tokenized security documents.
The launch comes at a time when financial and crypto infrastructure groups are racing to build infrastructure. The New York Stock Exchange's parent company, the Intercontinental Exchange, has outlined plans for a new platform for tokenized stocks and exchange-traded funds (ETFs), the Depository Trust and Clearing Corporation (DTCC) has joined the ERC-3643 Association in 2025 as institutions dive into tokenized securities and securities infrastructure.
Fixing broken compliance
In its release, the network was described as a “shared source of truth” for investor eligibility and transfer rules.
The main problem T-REX aims to solve is that it enables ERC-3643 compliant issuance but does not maintain mutual compliance between chains. The same security measures that apply to Ethereum and Polygon, for example, still carry separate qualification checks, identity checks and transfer restrictions.
Joachim LeBrun, Co-Founder of the T-REX Network and Chief Blockchain Officer of Tokeni, told Cointelegraph that T-REX Ledger directly supports the supply and lifecycle management of regulated digital securities, including the identity, eligibility and transfer rules contained in ERC-3643.
Apex Group will act as the first onchain transfer agent and plans to acquire T-REX Ledger as the default multi-chain orchestration layer in June 2027 for $100 billion in token assets.
Related: The new Ethereum standard aims to set a baseline for real-world asset tokens.
T-REX Ledger integrates compliance logic into specific chains that other networks may request, while settlement remains on external chains.
LeBrun argued that “the market for tokenization has evolved into a multi-chain world,” arguing that T-REX Ledger has turned other blockchains into a “distribution channel” that allows controlled assets to move “quickly, compliantly, and everywhere there is control.”
Entry into the tokenization race
Related: SEC Gives Go-ahead for Nasdaq Tokenized Trading Trial
T-REX itself can be positioned as an independent registry layer with players in token competition. Security issued through the T-REX Ledger “can ultimately be settled by DTCC” because “the proof of settlement does not need to reside on the same network as the settlement,” LeBrun said.
The chain itself operates as a sovereign Polygon CDK network managed by a dedicated steering committee, while ERC-3643 and its compliance framework remain open source under the ERC-3643 association, not Polygon.
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