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European financial institutions launch RL1 cooperative blockchain network

Covered by 5 sources · 6 articles

5 outlets - including Cointelegraph, Cryptonomist and Mpost and 2 more - are covering this story. Europe’s banks have spent years experimenting with blockchain in isolation — separate pilots, incompatible ledgers, no shared settlement layer. That fragmentation is now what ten major financial institutions are trying to fix with a single,…

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European blockchain cooperative RL1 launches with €700M already on-chain
Cryptonomist Jul 29, 16:58 UTC

European blockchain cooperative RL1 launches with €700M already on-chain

Europe’s banks have spent years experimenting with blockchain in isolation — separate pilots, incompatible ledgers, no shared settlement layer. That fragmentation is now what ten major financial institutions are trying to fix with a single,…

European Financial Institutions Form Cooperative To Operate Layer 1 Blockchain For Regulated Markets
Metaverse Post Jul 29, 07:08 UTC

European Financial Institutions Form Cooperative To Operate Layer 1 Blockchain For Regulated Markets

RL1 forms Luxembourg cooperative led by ex-SWIAT chief Vollbehr, uniting ten banks to build a neutral DLT network for regulated financial markets. The post European Financial Institutions Form Cooperative To Operate Layer 1 Blockchain For R…

Ten European banks launch RL1 blockchain cooperative for regulated assets
CoinTurk News Jul 29, 00:39 UTC

Ten European banks launch RL1 blockchain cooperative for regulated assets

🚀 Ten major European banks launched RL1, a cooperative blockchain for regulated assets. 🟩 RL1 already processed over $808 million through its private network. 💼 Each institution gets equal decision-making power in network governance. 📚…

European financial institutions unite to launch RL1 blockchain infrastructure
Crypto Briefing News Jul 29, 00:17 UTC

European financial institutions unite to launch RL1 blockchain infrastructure

RL1's launch signifies a shift towards regulated blockchain solutions, potentially transforming digital finance by aligning with EU regulatory frameworks. The post European financial institutions unite to launch RL1 blockchain infrastructur…

European financial institutions launch RL1 cooperative blockchain network
Cointelegraph Jul 29, 00:09 UTC

European financial institutions launch RL1 cooperative blockchain network

RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.

European financial institutions launch RL1 cooperative blockchain network
Cointelegraph Jul 29, 00:09 UTC

European financial institutions launch RL1 cooperative blockchain network

RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.