Ten European financial institutions launch RL1 cooperative blockchain network

RL1 has launched as a member-owned blockchain cooperative backed by ten European financial institutions, including ABN AMRO, DekaBank and Natixis CIB. The cooperative structure means participating institutions jointly govern the infrastructure rather than relying on a third-party provider. The network targets blockchain-based financial market infrastructure across Europe.

Should banks govern their own blockchain infrastructure rather than rely on external platforms?

Cointelegraph · 1d ago · Source ↗

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Ten European financial institutions launch RL1 cooperative blockchain network

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