RL1 inherits SWIAT's production network, which processed more than €700 million in transactions over three years before ownership moved to the Luxembourg cooperative.
RL1's launch signifies a shift towards regulated blockchain solutions, potentially transforming digital finance by aligning with EU regulatory frameworks.
RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.
