> For the complete documentation index, see [llms.txt](https://qualitax.gitbook.io/interop/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://qualitax.gitbook.io/interop/industry-initiatives/erc1400-universal-token-for-assets-and-payments.md).

# ERC1400: Universal Token for Assets and Payments

<table data-header-hidden><thead><tr><th width="210"></th><th></th></tr></thead><tbody><tr><td><strong>Initiative Name</strong></td><td>ERC1400: Universal Token for Assets and Payments</td></tr><tr><td><strong>Organization</strong></td><td></td></tr><tr><td><strong>Type</strong></td><td>Standard</td></tr><tr><td><strong>Description</strong></td><td><p>ERC1400 is a hybrid token standard designed for the use case of tokenized financial assets:</p><ul><li>By being ERC20 retrocompatible, it remains compatible with the majority of existing tools and platforms.</li><li>By being partially-fungible (hybrid token), it allows to represent different classes of assets, perform more evolved token actions (lock tokens, collateralize tokens, etc.), which is essential in the context of corporate actions.</li><li>By offering the possibility to attach data to transfers, strong control over token transfers, based on granular certificate checks can be setup by issuers.</li></ul></td></tr><tr><td><strong>Ecosystem</strong></td><td>EVM</td></tr><tr><td><strong>Public Participants</strong></td><td></td></tr><tr><td><strong>Link</strong></td><td><a href="https://github.com/Consensys/UniversalToken">https://github.com/Consensys/UniversalToken</a></td></tr></tbody></table>