Apex Group unit Tokeny taps Polygon for its interoperable tokenization platform T-REX Ledger

T-REX Network is developing its dedicated T-REX Ledger on Polygon, utilizing Polygon CDK and AggLayer for interoperability, with support from Tokeny, a subsidiary of Apex Group. T-REX focuses on the ERC-3643 standard, which embeds compliance rules directly into smart contracts to ensure regulated transfers. The T-REX Ledger aims to serve as a single compliance reference layer, allowing connected blockchains to settle transactions independently while maintaining shared investor registries and eligibility rules across chains, acting as a shared "source of truth" for compliance state. Apex Group will initially serve as the onchain transfer agent. Tokeny, the creator of ERC-3643, has seen significant adoption of the standard, with over $32 billion in cumulative value across nearly 150 tokens issued via its T-Rex Factory, many on Polygon.

(Source：The Block)