RL1 launches with 10 European finance firms
Regulated Layer One, or RL1, began operations on July 28 as a Luxembourg-based European Cooperative Society owned by 10 financial institutions. Summary Ten institutions launched RL1 as a Luxembourg cooperative for regulated tokenized markets and digital money. SWIAT’s production network processed more than 50 transactions worth over €700 million before RL1’s launch. NatWest is expected…
