EY Blockchain
EY Blockchain is the blockchain technology division of Ernst & Young (EY), one of the...
1Money Network is the world's first Layer 1 blockchain purpose-built exclusively for stablecoin payments and real-world assets (RWAs), founded in 2024 and headquartered in Bermuda. The company has raised over $20 million from leading investors including Hack VC, Kraken, KuCoin, BitGo, Ethereal Ventures, and Bankless Ventures, positioning itself as one of the most well-capitalised early-stage stablecoin infrastructure providers in the market.
The flagship offering is the 1Money Network, a patent-pending Layer-1 blockchain that solves the critical limitations impeding wider stablecoin and RWA adoption. Unlike general-purpose blockchains, 1Money Network is engineered to do one thing exceptionally well: delivering a superior payments experience for stablecoin users. Key technical differentiators include transaction confirmation in under 1 second, support for over 250,000 transactions per second (TPS) with near-infinite horizontal scalability via node-level sharding, fixed (never variable) transaction fees paid in the stablecoin being used (no separate gas token required), native multicurrency support across multiple fiat-denominated stablecoins, and built-in compliance features automating sanctions blocking and AML controls.
The network uses a patent-pending Byzantine Consistent Broadcast (BCB) protocol and a Deterministic Byzantine Fault Tolerant (DBFT) design. It does not support smart contracts, eliminating an entire class of exploit vulnerabilities. Native bridging is planned for Ethereum and Solana, and the network integrates with popular self-managed wallets such as MetaMask and Phantom.
For developers, 1Money provides a comprehensive developer portal with SDKs in TypeScript, Golang, and Rust, REST APIs covering chains, accounts, tokens, checkpoints, and transactions, a WebSocket API for real-time data, and a Block Explorer for on-chain data inspection. A Developer Lab and Faucet are available for testnet development.
1Money Network serves institutional and developer audiences: custodians, centralized exchanges (CEXs), stablecoin issuers, validators, and application developers building on top of the network. The platform bridges Web3 efficiency with traditional finance compliance rigor.
1Money Network delivers a meaningfully better stablecoin payments experience in speed, cost, and compliance compared to general-purpose Layer 1 and Layer 2 blockchains. By merging the licensing rigour of traditional finance with the efficiency of Web3, it provides a trusted, compliant, and high-performance foundation for the mainstream adoption of stablecoins and RWAs as the backbone of the future global financial system.
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Founded
2024
Team Size
16-20 employees
The 1Money Network is the world's first Layer-1 blockchain designed exclusively for...
Hamilton, Bermuda
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