Designed with input from issuers, securities law firms, and exchanges.
The EIP is open for comment here.
ERC-1404 Compatible Wordpress Plugin
Elixxir ERC-1404 Quickstart Guide
Security Tokens and Stablecoins by Weimin Sun, Xun (Brian) Wu, Angela Kwok
Capital Markets and Technology Association (CMTA), based in Switzerland.
Digital Innovative Ltd. F-4 Filing
Arca US Treasury Fund N-2 Filing
Enforcing FINRA Rule 3220 at Fidelity Investments
Read more about ERC-1404, its features and benefits at our Medium blog.
605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasurys Fund
Know who your token holders are at all times and maintain a whitelist of investor addresses. From re-running sanctions checks to requiring accredited investors only, the simple restricted token standard helps token issuers manage their compliance requirements.
Enforce complex transfer restrictions. Such as:
- A preventative poison pill provision, to restrict the maximum ownership of a single individual or entity.
- The ability to prevent token holders in a single jurisdiction to trade with token holders in another jurisdiction.
- The ability for the issuer to revoke a token if necessary.
Integrate one standard for global adoption while meeting your compliance requirements. Supports branded standards like Polymath's ST-20 or Harbor's R-Token. See examples here.
- Ability to Revoke and Reassign
- Ability to Create Multiple Lists
- Ability to Freeze a Token
- Ability to Approve or Reject a Transaction
| Role | Example Entity | Actions |
|---|---|---|
| Owner | Issuer | Assign / Revoke Admin + Everything Below |
| Administrator | Transfer Agent or Trading Venue | Authorize, Freeze, Revoke, Reassign |
| Investor | Individual or Entity | Send and Receive |
If you're seeking to issue a security token, ERC-1404 provides all the tools you need to follow your counsel's guidance with respect to compliance requirements.
This standard was designed with significant input from the major exchanges to be interoperable across exchanges and easy to integrate on any stack. If this standard does not meet your needs, please open up a Github issue here.
It may be challenging to navigate transfer restrictions in the open source world of blockchain. ERC-1404 provides the tools necessary for your issuers to comply with the applicable domestic and international regulatory requirements.
