By enabling fully decentralized management of baskets, where managers have complete discretion, the ERC-7621 effectively addresses the scalability challenge. Say goodbye to traditional fund management practices. The ERC-7621 completely transforms the landscape with unprecedented versatility, transparency, and accessibility—all while staying true to decentralized principles.

Utilizing the Ethereum blockchain, the ERC-7621 Token Standard aims to bridge the gap between the flexibility of blockchain technology and the needs of traditional investment vehicles. A pivotal component of this effort is the ERC-7621 LP token, which represents an investor’s share in a Basket Token Standard (BTS) portfolio. These tokens are transferable and tradable across exchanges, akin to shares of traditional Exchange-Traded Funds (ETFs), and are intended to enhance liquidity and provide arbitrage opportunities within the investment landscape.