diff --git a/modules/CDTMacros.cmake.in b/modules/CDTMacros.cmake.in
index 01fdff9195..3a280651e8 100644
--- a/modules/CDTMacros.cmake.in
+++ b/modules/CDTMacros.cmake.in
@@ -20,11 +20,10 @@ endmacro()
 
 macro (add_native_library TARGET)
    add_library( ${TARGET} ${ARGN} )
-   target_compile_options( ${TARGET} PUBLIC -fnative )
+   target_compile_options( ${TARGET} PUBLIC -fnative -fPIC )
 endmacro()
 
 macro (add_native_executable TARGET)
-   cmake_policy(SET CMP0002 OLD)
    add_executable( ${TARGET} ${ARGN} )
    target_compile_options( ${TARGET} PUBLIC -fnative )
    set_target_properties( ${TARGET} PROPERTIES LINK_FLAGS "-fnative" SUFFIX "" )
@@ -38,3 +37,17 @@ macro (add_native_executable TARGET)
    endif()
 endmacro()
 
+macro (add_native_shared_lib TARGET)
+   set_property(GLOBAL PROPERTY TARGET_SUPPORTS_SHARED_LIBS TRUE)
+   add_library( ${TARGET} SHARED ${ARGN} )
+   target_compile_options( ${TARGET} PUBLIC -fnative )
+   get_target_property(BINOUTPUT ${TARGET} BINARY_DIR)
+   if ("${CMAKE_BUILD_TYPE}" STREQUAL "Debug" AND APPLE)
+      target_compile_options( ${TARGET} PUBLIC -g )
+      find_program ( name NAMES "dsymutil" )
+      if ( name )
+         add_custom_command( TARGET ${TARGET} POST_BUILD COMMAND dsymutil ${BINOUTPUT}/${TARGET} )
+      endif()
+   endif()
+endmacro()
+
diff --git a/modules/CDTWasmToolchain.cmake.in b/modules/CDTWasmToolchain.cmake.in
index c22b1a7a85..4343fdb787 100644
--- a/modules/CDTWasmToolchain.cmake.in
+++ b/modules/CDTWasmToolchain.cmake.in
@@ -21,6 +21,7 @@ set(WASM_LINKER "@CDT_ROOT_DIR@/bin/cdt-ld")
 
 set(CMAKE_C_LINK_EXECUTABLE "${WASM_LINKER} <LINK_FLAGS> <OBJECTS> -o <TARGET> <LINK_LIBRARIES>")
 set(CMAKE_CXX_LINK_EXECUTABLE "${WASM_LINKER} <LINK_FLAGS> <OBJECTS> -o <TARGET> <LINK_LIBRARIES>")
+set(CMAKE_CXX_CREATE_SHARED_LIBRARY "${WASM_LINKER} -shared <LINK_FLAGS> <OBJECTS> -o <TARGET> <LINK_LIBRARIES>")
 
 set(CMAKE_EXECUTABLE_SUFFIX_C ".wasm")
 set(CMAKE_EXECUTABLE_SUFFIX_CXX ".wasm")
diff --git a/tests/unit/CMakeLists.txt b/tests/unit/CMakeLists.txt
index ef68d49005..d5a6eeab10 100644
--- a/tests/unit/CMakeLists.txt
+++ b/tests/unit/CMakeLists.txt
@@ -27,7 +27,6 @@ add_cdt_unit_test(string_tests1)
 add_cdt_unit_test(string_tests2)
 add_cdt_unit_test(symbol_tests)
 add_cdt_unit_test(system_tests)
-add_cdt_unit_test(rope_tests)
 add_cdt_unit_test(print_tests)
 add_cdt_unit_test(time_tests)
 add_cdt_unit_test(varint_tests)
diff --git a/tools/include/compiler_options.hpp.in b/tools/include/compiler_options.hpp.in
index 7ffa880d2c..875ed5c538 100644
--- a/tools/include/compiler_options.hpp.in
+++ b/tools/include/compiler_options.hpp.in
@@ -131,6 +131,11 @@ static cl::opt<bool> fnative_opt(
     cl::desc("Compile and link for x86-64"),
     cl::ZeroOrMore,
     cl::cat(LD_CAT));
+static cl::opt<bool> fshared_opt(
+    "shared",
+    cl::desc("Make shared object native library"),
+    cl::ZeroOrMore,
+    cl::cat(LD_CAT));
 static cl::opt<bool> fuse_main_opt(
     "fuse-main",
     cl::desc("Use main as entry"),
@@ -355,6 +360,11 @@ static cl::opt<bool> warn_action_read_only_opt(
     "warn-action-read-only",
     cl::desc("Issue a warning if a read-only action uses a write API and continue compilation"),
     cl::cat(EosioCompilerToolCategory));
+static cl::opt<bool> fPIC_opt(
+   "fPIC",
+    cl::desc("Generate position independent code. This option is used for shared libraries"),
+    cl::Optional,
+    cl::cat(LD_CAT));
 /// end c/c++ options
 
 /// begin c++ options
@@ -391,6 +401,7 @@ struct Options {
    std::vector<std::string> abigen_resources;
    bool debug;
    bool native;
+   bool shared_lib;
    std::pair<int, int> abi_version;
    bool has_o_opt;
    bool has_contract_opt;
@@ -404,7 +415,7 @@ static void GetCompDefaults(std::vector<std::string>& copts) {
    copts.emplace_back(std::string("-D__eosio_cdt_major__=")+"${VERSION_MAJOR}");
    copts.emplace_back(std::string("-D__eosio_cdt_minor__=")+"${VERSION_MINOR}");
    copts.emplace_back(std::string("-D__eosio_cdt_patchlevel__=")+"${VERSION_PATCH}");
-   if (!fnative_opt) {
+   if (!fnative_opt && !fshared_opt) {
       copts.emplace_back("--target=wasm32");
       copts.emplace_back("-ffreestanding");
       copts.emplace_back("-nostdlib");
@@ -439,7 +450,7 @@ static void GetCompDefaults(std::vector<std::string>& copts) {
       copts.emplace_back("-DBOOST_DISABLE_ASSERTS");
       copts.emplace_back("-DBOOST_EXCEPTION_DISABLE");
       copts.emplace_back("-U__APPLE__");
-      if (!fnative_opt) {
+      if (!fnative_opt && !fshared_opt) {
          copts.emplace_back("-Xclang");
          copts.emplace_back("-load");
          copts.emplace_back("-Xclang");
@@ -466,7 +477,7 @@ static void GetCompDefaults(std::vector<std::string>& copts) {
 
 #ifdef ONLY_LD
 static void GetLdDefaults(std::vector<std::string>& ldopts) {
-   if (!fnative_opt) {
+   if (!fnative_opt && !fshared_opt) {
       if (!allow_names_opt) {
          ldopts.emplace_back("--gc-sections");
          ldopts.emplace_back("--strip-all");
@@ -536,13 +547,22 @@ static void GetLdDefaults(std::vector<std::string>& ldopts) {
 #ifdef __APPLE__
       ldopts.insert(ldopts.end(), {"-arch", "x86_64", "-macosx_version_min", "10.13", "-framework", "Foundation", "-framework", "System"});
 #endif
-      ldopts.emplace_back("-static");
-      ldopts.insert(ldopts.end(), {"-lnative_c++", "-lnative_c", "-lnative_eosio", "-lnative", "-lnative_rt"});
+      if (fshared_opt) {
+         ldopts.emplace_back("-shared");
+      }
+      else {
+         ldopts.emplace_back("-static");
+      }
+      ldopts.insert(ldopts.end(), {"-Bstatic", "-lnative_c++", "-lnative_c", "-lnative_eosio", "-lnative", "-lnative_rt"});
    }
 }
 #endif
 
 static Options CreateOptions(bool add_defaults=true) {
+   if (fshared_opt && fnative_opt) {
+         throw std::runtime_error("Both -fnative and -fshared was specified. Only one of them should be present.");
+   }
+
    std::string output_fn;
    std::vector<std::string> inputs;
    std::vector<std::string> agresources;
@@ -722,7 +742,7 @@ static Options CreateOptions(bool add_defaults=true) {
       copts.emplace_back("-I"+sysroot_opt+"/include/libc");
 
       // only allow capi for native builds and for eosio-cc
-      if (fnative_opt) {
+      if (fnative_opt || fshared_opt) {
         copts.emplace_back("-I"+sysroot_opt+"/include/eosiolib/capi");
         copts.emplace_back("-I"+sysroot_opt+"/include/eosiolib/native");
       }
@@ -748,7 +768,7 @@ static Options CreateOptions(bool add_defaults=true) {
       agopts.emplace_back("--sysroot="+eosio::cdt::whereami::where()+"/../");
       ldopts.emplace_back("-L"+eosio::cdt::whereami::where()+"/../lib");
 
-      if (fnative_opt) {
+      if (fnative_opt || fshared_opt) {
         copts.emplace_back("-I"+eosio::cdt::whereami::where()+"/../include/eosiolib/capi");
         copts.emplace_back("-I"+eosio::cdt::whereami::where()+"/../include/eosiolib/native");
       }
@@ -787,8 +807,12 @@ static Options CreateOptions(bool add_defaults=true) {
       copts.emplace_back("-W"+warn);
    }
 
+   if (fPIC_opt) {
+      copts.emplace_back("-fPIC");
+   }
+
 #endif
-   if (!fnative_opt) {
+   if (!fnative_opt && !fshared_opt) {
 #ifdef ONLY_LD
       if (stack_canary_opt) {
          ldopts.emplace_back("--stack-canary");
@@ -828,11 +852,22 @@ static Options CreateOptions(bool add_defaults=true) {
    for ( auto library : l_opt ) {
       ldopts.emplace_back("-l"+library);
    }
+   auto replace_extension = [&](auto& str){
+      if (fnative_opt) {
+         llvm::sys::path::replace_extension(str, "");
+      }
+      else if (fshared_opt) {
+         llvm::sys::path::replace_extension(str, ".so");
+      }
+      else {
+         llvm::sys::path::replace_extension(str, ".wasm");
+      }
+   };
    if (o_opt.empty()) {
 #ifndef ONLY_LD
       if (inputs.size() == 1) {
          llvm::SmallString<256> fn  = llvm::sys::path::filename(inputs[0]);
-         llvm::sys::path::replace_extension(fn, fnative_opt ? "" : ".wasm");
+         replace_extension(fn);
          output_fn = fn.str();
       } else {
          ldopts.emplace_back("a.out");
@@ -841,7 +876,7 @@ static Options CreateOptions(bool add_defaults=true) {
       if (inputs.size() == 1) {
          llvm::SmallString<256> fn = llvm::sys::path::filename(inputs[0]);
          llvm::sys::path::replace_extension(fn, "");
-         llvm::sys::path::replace_extension(fn, fnative_opt ? "" : ".wasm");
+         replace_extension(fn);
          output_fn = fn.str();
          ldopts.emplace_back("-o"+output_fn);
       } else {
@@ -858,7 +893,7 @@ static Options CreateOptions(bool add_defaults=true) {
       has_o_opt = true;
    }
 
-   if (!fnative_opt) {
+   if (!fnative_opt && !fshared_opt) {
 #ifndef ONLY_LD
       if (!imports_opt.empty()) {
          ldopts.emplace_back("-imports="+imports_opt);
@@ -915,6 +950,9 @@ static Options CreateOptions(bool add_defaults=true) {
    }
    if (fnative_opt)
       ldopts.emplace_back("-fnative");
+   else if (fshared_opt) {
+      ldopts.emplace_back("-shared");
+   }
    if (fuse_main_opt)
       ldopts.emplace_back("-fuse-main");
    
@@ -937,8 +975,8 @@ static Options CreateOptions(bool add_defaults=true) {
    }
 
 #ifndef ONLY_LD
-   return {output_fn, inputs, link, abigen, no_missing_ricardian_clause_opt, pp_only, pp_dir, abigen_output, abigen_contract, copts, ldopts, agopts, agresources, debug, fnative_opt, {abi_version_major, abi_version_minor}, has_o_opt, has_contract_opt, warn_action_read_only};
+   return {output_fn, inputs, link, abigen, no_missing_ricardian_clause_opt, pp_only, pp_dir, abigen_output, abigen_contract, copts, ldopts, agopts, agresources, debug, fnative_opt, fshared_opt, {abi_version_major, abi_version_minor}, has_o_opt, has_contract_opt, warn_action_read_only};
 #else
-   return {output_fn, {}, link, abigen, no_missing_ricardian_clause_opt, pp_only, pp_dir, abigen_output, abigen_contract, copts, ldopts, agopts, agresources, debug, fnative_opt, {abi_version_major, abi_version_minor}, has_o_opt, has_contract_opt, warn_action_read_only};
+   return {output_fn, {}, link, abigen, no_missing_ricardian_clause_opt, pp_only, pp_dir, abigen_output, abigen_contract, copts, ldopts, agopts, agresources, debug, fnative_opt, fshared_opt, {abi_version_major, abi_version_minor}, has_o_opt, has_contract_opt, warn_action_read_only};
 #endif
 }
diff --git a/tools/ld/cdt-ld.cpp.in b/tools/ld/cdt-ld.cpp.in
index 6bb649c800..89fda6a7cd 100644
--- a/tools/ld/cdt-ld.cpp.in
+++ b/tools/ld/cdt-ld.cpp.in
@@ -22,7 +22,7 @@ int main(int argc, const char **argv) {
   Options opts = CreateOptions();
 
   std::string line;
-  if (opts.native) {
+  if (opts.native || opts.shared_lib) {
 #ifdef __APPLE__
      if (!eosio::cdt::environment::exec_subprogram("ld", opts.ld_options, true))
 #else
@@ -41,7 +41,7 @@ int main(int argc, const char **argv) {
   }
 
   // finally any post processing
-  if (!fno_post_pass_opt && !opts.native) {
+  if (!fno_post_pass_opt && !opts.native && !opts.shared_lib) {
      if ( !llvm::sys::fs::exists( opts.eosio_pp_dir+"/eosio-pp" ) ) {
         std::cerr << "Error: eosio.pp not found! (Try reinstalling eosio.cdt)" << std::endl;
         return -1;