European financial institutions launch RL1 cooperative blockchain network

First reported July 29, 2026 by Cointelegraph · covered by 3 sources

European financial institutions launch RL1 cooperative blockchain network

RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.

Jul 29, 2026 · byCointelegraph

European financial institutions launch RL1 cooperative blockchain network

RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.

Jul 29, 2026 · byCointelegraph

European financial institutions unite to launch RL1 blockchain infrastructure

RL1's launch signifies a shift towards regulated blockchain solutions, potentially transforming digital finance by aligning with EU regulatory frameworks. The post European financial institutions unite to launch RL1 blockchain infrastructure appeared first on Crypto Briefing .

European Union

Jul 29, 2026 · byCryptoBriefing

10 European Banks Launch RL1 Blockchain Cooperative

RL1 inherits SWIAT's production network, which processed more than €700 million in transactions over three years before ownership moved to the Luxembourg cooperative.

Luxembourg

Jul 29, 2026 · byThe Defiant