# ERC6960:  Dual Layer Token

<table data-header-hidden><thead><tr><th width="210"></th><th></th></tr></thead><tbody><tr><td><strong>Initiative Name</strong></td><td>ERC6960: Dual Layer Token</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>This standard aims to offer more granularity in token management, facilitating a well-organized token ecosystem and simplifying the process of tracking tokens within a contract. This standard is particularly useful for tokenizing and enabling the fractional ownership of Real World Assets (RWAs). It also allows for efficient and flexible management of both fungible and non-fungible assets.</p><p>The following are examples of assets that the DLT standard can represent fractional ownership of:</p><ul><li>Invoices</li><li>Company stocks</li><li>Digital collectibles</li><li>Real estate</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://eips.ethereum.org/EIPS/eip-6960">https://eips.ethereum.org/EIPS/eip-6960</a></td></tr></tbody></table>
