1Money
1Money Network Technologies Ltd.
1Money is a Layer 1 blockchain designed exclusively for stablecoin payments and tokenized deposits, using a Byzantine Consistent Broadcast protocol (no smart contracts) aimed at high throughput and sub-second finality. Founded in 2024 by Brian Shroder (former Binance.US CEO) and Matt Shroder, it raised over $20M in seed funding from investors including F-Prime, Galaxy Ventures, Hack VC, Kraken Ventures and KuCoin Ventures. Validators are permissioned and must meet AML/KYC standards.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Custody model | non-custodial |
| Customer type | Fintech, Enterprise, Developers |
| Fund custody | Self-custody (funds in your control) |
| Supported countries | US, EEA, APAC |
| Segment | B2B |
| MiCA / License status | Not disclosed |
Strengths
- Purpose-built Layer 1 for stablecoin payments with sub-second finality and built-in compliance.
- Strong backing: $20M+ seed (F-Prime, Galaxy, Hack VC, Kraken, KuCoin) and ex-Binance.US team.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Early-stage project: recently launched network, adoption still to be proven.
- B2B infrastructure: not directly accessible to end consumers.
- No notable sovereignty drawback documented.
Verdict
Score 3.5/5, solid profile. In its favour: purpose-built Layer 1 for stablecoin payments with sub-second finality and built-in compliance. The trade-off to weigh: early-stage project: recently launched network, adoption still to be proven.
On the Sovereignty lens the score is 5.0/5 (outstanding): the strength is fund control (5.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can an individual use 1Money?
No. 1Money is Layer 1 network infrastructure aimed at fintechs, exchanges and enterprises integrating stablecoin payments, not an end-consumer product.
Does 1Money custody user funds?
No. It is a non-custodial Layer 1 blockchain: funds stay on-chain in users' wallets, not with 1Money.
Sources
- Official service page Descrizione Data verified on Jul 17, 2026
- businesswire.com Investors · Team Data verified on Jul 17, 2026