According to Odaily Planet Daily, Movement Lab announced its support for ERC-3643 and joined the ERC3643 Association, aiming to extend the ERC-3643 standard to the Movement Network to promote the tokenization of real-world assets.

It is reported that this is also the first time that ERC-3643 has expanded beyond the EVM ecosystem, further meeting the market's demand for high-throughput solutions and alternative programming paradigms.

Cooper Scanlon, co-founder of Movement Labs, said that RWA tokenization is one of the core design principles of the Move language. Currently, more and more use cases supporting ERC-3643 are being realized at the open level of smart contracts. Movement Labs will support ERC-3643 as the universal gold standard on the chain for real-world assets.