The company has been admitted as a shareholding member of RL1, a permissioned blockchain initiative for regulated financial services, established as a European Cooperative Society in Luxembourg.
Chartered Investment said in a statement that it has joined the Regulated Layer One initiative as a shareholding member. RL1 is built on technology developed by Secure Worldwide Interbank Asset Transfer Chartered Investment provides infrastructure for the creation and management of investment products, and its participation brings it into RL1, a shared pan-European distributed ledger technology infrastructure designed for regulated capital markets. RL1 is built on technology developed by Se