#USA #New York #tokenized assets #Monaco #Sei Labs

Monaco's Revolutionary Trading Infrastructure

In a bold move that could reshape the financial landscape, Monaco has unveiled its new decentralized trading infrastructure, developed in collaboration with Sei Labs and Monaco Research. The launch of this institutional-grade Central Limit Order Book (CLOB) on the Sei blockchain comes at a pivotal time, as the market for tokenized assets is projected to reach a staggering $30 trillion by the year 2034. Monaco is positioned to dominate this burgeoning market by offering execution speeds comparable to traditional financial institutions, alongside the transparency and democratization inherent to decentralized finance.

Features and Capabilities

Monaco's platform stands out due to its impressive execution capabilities. With microsecond matching speeds and a rapid 400-millisecond settlement time, the system is designed to outperform traditional trading infrastructures, which typically operate on a T+1 settlement basis. This efficiency is a significant leap, representing a 200,000-fold increase compared to conventional methods.

“Our goal is to provide an efficient and accessible trading environment that operates 24/7 while enabling fair participation among all users,” states Jay Jog, Co-Founder of Sei Labs. He emphasizes that traditional financial systems often exclude a considerable number of participants due to high fees and geographical limitations. Monaco seeks to eliminate these barriers by offering a platform where everyone, from institutional investors to retail traders, can engage equitably.

Addressing the Tokenization Revolution

The timing of this launch aligns perfectly with the ongoing tokenization trend within the financial industry. Prominent figures, including U.S. Treasury Secretary Scott Bessent, predict that stablecoins could evolve into a $3.7 trillion market by the decade's end. Meanwhile, BlackRock CEO Larry Fink believes tokenization will revolutionize investment strategies and the management of assets. Standard Chartered's Global Head of Trade, Kai Fehr, concurs, noting the transformative potential of tokenized assets, which could skyrocket to over $30 trillion within just a decade.

To this end, Monaco's infrastructure provides:

• - Microsecond Execution: Equating with leading exchanges such as NASDAQ and NYSE.
• - Shared Liquidity Layer: Allowing diverse applications to draw upon a deep pool of institutional liquidity.
• - PitPass Revenue Sharing: A model that automatically compensates users whose activities contribute to the trading volume on the platform.
• - 24/7 Trading Support: Enabling constant access to trade various assets, including cryptocurrencies and real-world tokenized assets.

Innovative Revenue Sharing with PitPass

One of the most groundbreaking elements of Monaco's platform is the PitPass revenue-sharing model. Unlike traditional Payment for Order Flow arrangements that often incur high costs for retail traders, Monaco's approach ensures transparent revenue sharing with applications that drive trading volume. This means that exchanges, wallets, games, and other platforms can easily integrate Monaco's liquidity and simultaneously earn fees based on trades conducted. “Monaco doesn’t just level the playing field; it entirely rebuilds it for traders and developers,” explains Jeff Feng, Co-Founder of Sei Labs.

By addressing the conflicts of interest present in customary market structures, Monaco guarantees that each trade receives the best execution while providing fair compensation for those building within its ecosystem.

Network Effects Fueling Growth

The structure of Monaco’s architecture creates strong network effects. An increase in the platform's uptake enhances liquidity, narrows spreads, and improves pricing—all of which attract additional builders and traders, establishing a virtuous cycle of growth. Early partnerships span various sectors, including:

• - Decentralized Exchanges: Engaging in spot and perpetual futures trading.
• - Prediction Markets: Facilitating transparent trading on event-based outcomes.
• - Gaming Economies: Establishing real-time marketplaces for in-game assets.
• - Traditional Financial Institutions: Offering API access to continuous trading opportunities for various assets.

Initiatives to Propel Ecosystem Growth

To stimulate adoption and development within its ecosystem, Monaco has launched several initiatives:

• - Launch to List Program: Collaborations with launchpads to support token generation events, offering marketing exposure and liquidity incentives.
• - Builder Grants: Funding for innovative applications utilizing Monaco’s advanced infrastructure.
• - Market Maker Incentives: Programs designed to ensure comprehensive liquidity across all supported assets.

Technical Specifications Driving Performance

Monaco’s unmatched performance is grounded in:

• - Optimized Order-Matching Algorithms: Running on specially designed infrastructure.
• - Direct Integration with Sei's Finality: Achieving near-instant settlement.
• - Support for Complex Order Types: Including portfolio margin across spot and derivative trading.
• - Cross-Chain Capabilities: Enabling support for assets across multiple blockchain networks.

Conclusion

Monaco is paving the way for a new era in decentralized trading, providing an innovative and user-friendly platform accessible to a wide range of participants. By combining Wall Street's technical prowess with the principles of decentralization, Monaco is set to lead the charge into the future of finance.

For more information, visit Monaco's official website.

About Monaco

Monaco is a decentralized trading protocol focused on high-performance decentralized finance, seeking to bridge the gap between traditional financial markets and the emerging tokenized economy. Powered by Sei Labs, it aims to empower every trader and innovator with the tools necessary for success.

About Sei

Sei is a Layer 1 blockchain engineered for rapid, cost-effective financial transactions, merging Ethereum’s security with Solana’s speed. As a leading EVM chain, Sei offers unparalleled user engagement and operational efficiency.