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WhiteRock Unveils White Network: Fair Token Launch Raises Over $10M on Day One

GlobeNewswire LogoGlobeNewswire14h ago

WhiteRock Unveils White Network: Fair Token Launch Raises Over $10M on Day One - GlobeNewswire

Quick Summary:

White Network Core Features High Throughput: 200,000 TPS with instant finality Built-In Compliance: Protocol-level KYB, KYC, and AML enforcement Privacy Infrastructure: WhiteLens zero-knowledge shielding with regulatory compatibility TradFi Integration: Permissioned liquidity pools linked to traditional markets Institutional Demand Drives Immediate Utility and Adoption "Unlike platforms that only offer technology, White Network launches with billions in pre-committed institutional assets,” said Maxime Pizzolitto, Co-founder of WhiteRock.

London, United Kingdom, May 23, 2025 (GLOBE NEWSWIRE) -- WhiteRock, a leading on-chain brokerage for tokenized securities, has raised over $10 million in contributions on the first day of the Fair Token Launch for the White Network token, the native gas token of its new Layer 1 blockchain, White Network.

Purpose-Built Layer 1 for Real-World Assets Building on WhiteRock’s position as the largest project on the XRP Ledger, White Network empowers institutions to tokenize real-world assets with enterprise-grade security, 200,000 transactions per second with instant finality, and protocol-level compliance through KYB, KYC, and AML integration.

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Article Details

Author / Journalist: WhiteRock

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 21:40:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28929479

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 36 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 12 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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