1Money

1Money is a stablecoin payments infrastructure company operating two interconnected products: 1Money.com, a business-focused stablecoin orchestration platform, and the 1Money Network, a purpose-built Layer 1 blockchain designed exclusively for stablecoin transactions. The company emerged from stealth in January 2025 with more than $20 million in seed funding and has since grown its regulatory footprint, developer tools, and enterprise partnerships across the global payments landscape.

Two Products, One Mission

1Money.com is an API-first orchestration layer that lets businesses receive, buy, sell, convert, send, and store stablecoins and fiat currencies through a single integration. It is not a consumer wallet or a DEX; the target customer is a business that wants to plug stablecoin rails into an existing product without managing multi-chain wallets, compliance workflows, or liquidity relationships independently. The platform charges zero platform fees, operating on a usage-based model with no monthly minimums, account opening charges, custody fees, or maintenance costs.

Deposit and withdrawal infrastructure covers a wide range of blockchain networks, including Solana, Ethereum, Polygon, BNB Chain, Avalanche, Base, Arbitrum, Tron, and Bitcoin. Supported stablecoins include USDC, USDT, PYUSD, RLUSD, USDG, USDP, EURC, and MXNB. Fiat on- and off-ramps use ACH, Fedwire, RTP, SEPA, SWIFT, PIX, and UPI, giving businesses access to domestic payment rails in multiple jurisdictions without requiring a local bank account.

Custody on the platform uses TSS-MPC (Threshold Signature Scheme with Multi-Party Computation), a keyless architecture that eliminates single-point-of-failure key exposure. Enterprise clients can access 24/7/365 custody with no lockup periods. The REST API includes webhook support for real-time event notification and a sandbox environment for development and testing. KYC and KYB workflows are integrated directly.

The 1Money Network is the proprietary blockchain layer underlying the platform and available to developers as an independent payments rail. Unlike general-purpose Layer 1s, the 1Money Network deliberately excludes smart contracts and general-purpose programmability, focusing the architecture entirely on payment throughput and compliance. The network uses a patent-pending Byzantine Consistent Broadcast (BCB) protocol under a Deterministic Byzantine Fault Tolerant (DBFT) model. The company reports finality in under one second, with current capacity exceeding 250,000 transactions per second. Horizontal sharding at the node level is the stated scaling mechanism, allowing capacity to grow linearly with validator count.

The network is permissioned: validators must meet comprehensive vetting requirements, including global AML standards. Native sanctions-blocking controls are built into the protocol rather than added at the application layer. Transactions on the 1Money Network carry no gas fees. The network does not have a native speculative token; value flows entirely through the stablecoins and tokenized deposits that settle on it. A public testnet and developer portal launched in August 2025.

Regulatory Foundation

1Money has invested heavily in regulatory positioning. 1Money USA, Inc. (NMLS ID #2628653) is registered as a Money Services Business with FinCEN and holds money transmitter licenses in 34 US states as of September 2025. A separate entity, 1Money Bermuda Ltd., holds a digital asset business license from the Bermuda Monetary Authority. Neither entity is a bank or FDIC-insured institution.

The company's compliance-first framing is deliberate. The leadership team includes several executives who have managed regulatory risk at major digital asset firms, and the 1Money Network's architecture reflects an explicit design choice to remove the compliance surface area that general-purpose blockchains carry: no smart contracts, permissioned validators, and native sanctions enforcement baked into the protocol.

Team

Brian Shroder, CEO and co-founder, previously served as president and CEO of Binance.US, where he oversaw more than $250 billion in trading volume and approximately eight million customers, and before that as an executive at Ant Group. Matthew Shroder, co-founder and president/COO, was a senior vice president of global operations and expansion at Binance and an early Uber employee who led global product operations for the ride-sharing business.

The broader C-suite deepens the financial and compliance expertise: Christopher Lalan (Chief Legal Officer) previously served as deputy general counsel at OKX and head of products and regulatory at Circle; Kristen Hecht (Chief Compliance Officer) previously held the deputy CCO role at Binance, the CCO role at Meta's Novi digital wallet for the Diem blockchain, and the global head of compliance programs role at Paxos; Brian Enclade (Chief Information Security Officer) was CISO at Ripple and brings more than two decades of cybersecurity experience with a focus on blockchain resiliency.

Funding and Investors

The seed round of more than $20 million (announced January 2025, with the company later citing over $23 million raised) drew participation from a large and varied set of investors: F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, Portage, Ethereal Ventures, CMT Digital, Kraken Ventures, KuCoin Ventures, BitGo Ventures, Bing Ventures, MoonPay Ventures, CoinFlip, Bankless Ventures, Perry Creek Capital, A100x Ventures, VARIV, Anagram, Generative Ventures, Lvna Capital, Ambush Capital, Borderless Capital, Pharsalus Capital, Protagonist, gumi Cryptos Capital, Hexa Capital, Karman Ventures, and R3D3 Ventures.

Partnerships and Ecosystem

In January 2026, 1Money partnered with M0 to launch "1Money Issuance," enabling stablecoins to be natively minted on the 1Money Network directly from the M0 infrastructure. The same month, Kii announced a strategic partnership to provide its users with access to stablecoin payments across the 1Money ecosystem. In April 2026, Powertranz, a payment gateway serving the Caribbean and Central American markets, partnered with 1Money to add stablecoin settlement to its existing fiat rails. In June 2026, 1Money was selected for the Mastercard Start Path Blockchain and Digital Assets Program, which focuses on advancing trusted innovation in blockchain and Web3.

Solana Integration

Solana is one of the blockchain networks natively supported for stablecoin deposits and withdrawals on the 1Money.com platform. Businesses integrating the 1Money API can generate Solana deposit addresses for customers and route stablecoin flows on and off the network alongside Ethereum-compatible chains and other Layer 1s. 1Money's infrastructure does not require users to hold or spend SOL; the platform absorbs network-level fee complexity as part of its zero-gas-fee offering on the 1Money Network, while standard network fees on Solana and other external chains are handled within the platform fee structure.

Audit Status

No third-party smart contract audit has been publicly announced, consistent with the 1Money Network's explicit decision to exclude smart contracts from its architecture. Platform security relies on the TSS-MPC custody model, the permissioned validator set, and the CISO-led security organization. Independent security assessments of the BCB protocol or the broader network infrastructure have not been publicly disclosed.