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Cryptocurrency News Articles

WhiteRock, an On-chain Brokerage for Tokenized Securities, Raises Over $10M in Contributions on the First Day of the Fair Token Launch

May 24, 2025 at 01:38 am

White Network marks a significant advancement in asset management infrastructure. Designed for institutional-grade, compliant RWA tokenization

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, designed for institutional-grade, compliant real-world asset (RWA) tokenization.

The White Network token serves as the primary mode of consumption and contribution within the White Network ecosystem. Participants can acquire the White Network token by contributing either Ethereum or WHITE, with Ethereum contributions being converted to WHITE. Both WHITE and the White Network token will be permanently removed from circulation at a 1:1 ratio with the amount contributed.

Every transaction on White Network, ranging from RWA settlements to on-chain compliance checks, will consume the White Network token as gas, establishing it as the protocol’s economic backbone. While gas settlement is its core function, additional utilities like validator staking, governance, and ecosystem incentives are under review. This design keeps core infrastructure secure while WHITE remains active at the application layer, supporting trading and platform logic without interfering with network economics.

The initiative marks a significant step in advancing asset management infrastructure.

The project is currently accepting contributions for the White Network token in exchange for either Ethereum or the WHITE token. Both contribute to the total gas consumption within the network.

Set up in 2020, WhiteRock has become the largest project on the XRP Ledger, aiming to expand into a broader ecosystem with White Network. The platform provides a framework for institutions to tokenize real-world assets with enterprise-grade security and instant finality. It boasts a throughput of 200,000 transactions per second, and is integrating KYB, KYC, and AML protocols for optimal compliance.

The initiative is designed to meet the institutional demand for efficient, secure, and compliant blockchain solutions. It also offers privacy infrastructure with WhiteLens zero-knowledge shielding, ensuring regulatory compatibility.

Furthermore, WhiteRock is introducing permissioned liquidity pools that link to traditional markets, facilitating seamless integration with TradFi institutions.

“Unlike platforms that only offer technology, White Network launches with billions in pre-committed institutional assets and the potential to unlock trillions more with rapid adoption,” said Maxime Pizzolitto, Co-founder of WhiteRock.

“Traditional finance has been waiting for a compliant gateway to DeFi. This is it.”

The Fair Token Launch is live. Participants can acquire the White Network token using either Ethereum or WHITE.

Contribute: https://network.whiterock.fi/contribute

Learn more: https://network.whiterock.fi/

About WhiteRock

WhiteRock bridges traditional finance and blockchain, enabling the secure and compliant tokenization of real-world assets, such as stocks, bonds, and commodities. The company’s mission is to build a better financial future by harnessing the power of blockchain technology to create a more open, transparent, and efficient global financial system.

The company is headquartered in London, United Kingdom, and its services are available to institutional investors worldwide.

Social contact:

X: https://x.com/WhiteRock_fi

Telegram: https://t.me/WhiteRock_Finance

Reddit: https://www.reddit.com/r/WhiteRock_Fi/

GitHub: https://docs.whiterock.fi/

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Other articles published on May 24, 2025