WhiteRock Raises Over $10 Million in Contributions on the First Day of the Fair Token Launch for the White Network Token

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

London, United Kingdom, May 23, 2025 (GLOBE NEWS WIRE) -- The first day of the Fair Token Launch for the White Network token, the native gas token of a new Layer 1 blockchain optimized for institutional-grade, compliant real-world asset (RWA) tokenization, has seen contributions in excess of $10 million, according to the team.

Designed for institutions to easily manage and integrate with tokenized securities, White Network is being launched by on-chain brokerage and the largest project on the XRP Ledger, WhiteRock. The new blockchain offers 200,000 transactions per second with instant finality and is focused on providing enterprise-grade security for RWA tokenization. It also features KYB, KYC, and AML integration for protocol-level compliance.

The White Network token is used for gas on the network, supporting transactions, governance, and platform services. Participants can contribute either Ethereum or WHITE to acquire the White Network token. Ethereum contributions will first be converted to WHITE, and any WHITE contributed, either directly or via Ethereum, will be permanently removed from circulation. The amount of WHITE contributed will mirror the number of White Network tokens distributed.

Every transaction on White Network, 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 currently 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.

White Network Key Features:• 200,000 Transactions Per Second: Facilitate efficient settlement and execution of tokenized securities.

• Instant Finality: Enables swift and complete transaction processing.

• Enterprise-Grade Security: Provide the highest level of protection for digital assets.

• Core Feature: Burning the White Network token for gas on the application layer.

• Additional Utilities: Pending evaluation for broader token usage.

“Unlike platforms that only offer technology, White Network launches with billions in pre-committed institutional assets and the largest project on the XRP Ledger continuing to develop on the application layer,” 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 now live, and participants can contribute to acquire the White Network token using either Ethereum or WHITE.

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

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

About WhiteRockFounded in 2023, WhiteRock is bridging traditional finance and blockchain by enabling the secure and compliant tokenization of real-world assets, such as stocks, bonds, and commodities. The platform facilitates seamless participation in the emerging markets for tokenized securities.

White Network Portal: https://network.whiterocker.fi/

Social ContactX: https://x.com/WhiteRock_fi

Telegram: https://t.me/WhiteRock_Finance

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

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

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.