KULA

Today we announce that our team has proposed six Ethereum standards, ERC-8325 to ERC-8330, currently in Review.

What are they?

Between them they cover the interfaces nobody has standardised, from the link between a token and its underlying asset through to the legal documents behind it, transfer rules jurisdiction by jurisdiction, compliance events across an asset's life, impact data, and valuation reporting.

Why have we proposed them?

The $34 billion tokenised RWA market is fragmented.

Dubai, Switzerland and Germany all have live regulated infrastructure, none of it interoperable, which means every institution entering a new market rebuilds verification from scratch.

If tokenisation is going to bring trillions of dollars of real-world assets onchain, this is the layer that has to work first.

What can you do?

If you're a developer and want to contribute, please share your thoughts as soon as you can.

Read the full press release: kula.com/newsroom#annou…

Tokenisation is everywhere at the moment; stocks, property deeds, carbon credits and more.

What do you think is the best application of tokenisation so far?

“A token is only as good as the title behind it.”

Our Head of Digital Assets Taran Dhillon took that argument to the EIP Hub community at Devcon 8 in Mumbai, presenting Kula’s six EIP proposals.

Getting assets onchain is largely solved. Keeping the rights and information that give them value intact as they move between platforms is not. That is the gap ERC-8325 to ERC-8330 address, sitting around existing token standards rather than replacing them.

Learn more at kula.com

Tokenised assets are onchain. But what does the token actually mean?

That is the question our Head of Digital Assets Taran Dhillon is taking to Ethereum Devcon in Mumbai this week, in a talk called “Why Titled Assets Need More Than a Token Standard”.

$39B of asset value onchain. Tokenised Treasuries doubled in a year. And still no shared answer to what an asset represents, how it can move, or how its value gets reported.

A compliant transfer is not the same thing as interoperable infrastructure. That gap is what our 6 proposed standards are built to close.

Tokenisation has momentum.

That's why it needs onchain standards.

Learn mroe about the 6 ERC standards we have proposed to ensure tokenisation is built on solid legal foundations 🧵👇