Monaco Launches Institutional-Grade Trading Infrastructure on Sei Blockchain
Sei Labs and Monaco Research have unveiled Monaco, a decentralized trading protocol featuring an open-source central limit order book (CLOB) with microsecond execution speeds. Built on the SEI blockchain, the platform targets the projected $30 trillion tokenized asset market by 2034, offering settlement times 200,000x faster than traditional T+1 cycles.
"Traditional finance is broken," said Jay Jog, Co-Founder of Sei Labs. "We're building Wall Street-grade infrastructure that operates 24/7 with fairness and transparency." The launch coincides with growing institutional interest in tokenization, positioning Monaco as a contender in high-performance decentralized finance.