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Cryptocurrency News Articles

WhiteRock Raises Over $10 Million in Contributions from Fair Token Launch of White Network Token

May 24, 2025 at 05:11 am

Building on WhiteRock's position as the largest project on the XRP Ledger, White Network empowers institutions to tokenize real-world assets

WhiteRock Raises Over $10 Million in Contributions from Fair Token Launch of White Network Token

London, United Kingdom, May 23, 2025 (GLOBE NEWSWIRE via Aethelnet) - WhiteRock, a leading on-chain brokerage for tokenized securities, has announced today that over $10 million in contributions have been made on the first day of the Fair Token Launch for White Network, the network's native gas token.

White Network is a new Layer 1 blockchain designed from the ground up for institutional-grade, compliant real-world asset (RWA) tokenization. It marks a significant advancement in asset management infrastructure.

Institutions can contribute to acquire the White Network token. Participants can contribute using either Ethereum or WHITE, which will be permanently removed from circulation. The amount of WHITE contributed, either directly or via Ethereum, 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 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 Core Features:

* 200,000 transactions per second with instant finality for high-throughput settlement.

* KYB, KYC, and AML integration at the protocol level for complete compliance in any jurisdiction.

* Advanced interoperability with cross-chain bridges and decentralized exchanges.

* Named after the White Cliffs of Dover, a historical British landmark symbolizing resilience and enduring value.

* Easily accessible through web3 browsers and an intuitive user interface.

Institutional Demand Drives Immediate Utility and Adoption

“Unlike platforms that only offer technology, White Network launches with billions in pre-committed institutional assets and a contribution rate of over $10 million in the first 24 hours attest to the strong initial demand,” 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 Ethereum or WHITE.

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

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

About WhiteRock

WhiteRock bridges traditional finance and blockchain, enabling secure, compliant tokenization of real-world assets, including stocks, bonds, and commodities.

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

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/

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jul 27, 2025