Binance Update

Main • Published on: Apr 03, 2025 • Last updated: Apr 03, 2025

Today, we received a "monitoring" tag on Binance. The tag means that based on some of their internal metrics, Binance sees additional volatility in projects.

What does this mean for LTO Network? It means that users will get some extra warnings from Binance with a warning about the volatility, but in reality, this serves as a formal notice from Binance to the project that they wish to see some metrics improved.

Projects have monitoring tags removed often, and we are convinced that there is nothing that we cannot resolve for Binance to remove this tag. Our team will work on communicating and fulfilling every single one of the metrics that Binance seeks.

From a development and tech point of view, it doesn't change anything. We have a range of amazing products with real utility.

We will continue to update our Universal Wallet.
Our EQTY platform is nearing completion and will be shown to a private group of internal community members this week.
Goland Registry is in testing in Africa, and we will soon make it open source.
We will be launching our decentralized bridge.
We will be launching our music and video Ownables in the near future.

We have already taken concrete steps to resolve this issue and to strengthen our longstanding relationship with Binance.

Our plan from here is:

Continue our communication with Binance about any specific metrics that need to be prioritized to remove the monitoring tag.
Take all necessary steps to ensure that Binance's requirements are being met.
Continually update our community on the progress we have made.

Our community has the team's full support. Rest assured that we take this very seriously and believe that we have the means to remedy any concerns that may exist.

Thank You.

Shawn Naderi - LTO Network Chief Operating Officer.

About LTO Network

LTO Network is a privacy-aware Layer-1 blockchain for Real World Assets, Data Security, and Identity Solutions.

Our platform is designed for business process efficiency and security. It combines a public layer for transparency and a private layer for data security, ensuring GDPR and MiCA compliance. This dual-layer approach makes it ideal for enterprises requiring data privacy and regulatory adherence.

LTO Network also offers tokenization of RWAs through their Ownables technology, enabling assets to be brought on-chain and allowing them to interact with the world of DeFi and Web3.

LTO Network's KYC services help maintain compliance with anti-money laundering laws and offer Proof-of-Humanity services to protect Web3 and DeFi platforms from bots.