Banach Network
Poland's network for digital assets. One standard on which banks, brokerage houses and payment institutions issue their own tokens, serve their own customers and keep their own brand.
In one paragraph
Banach Network is the infrastructure the Polish financial sector does not have yet: a shared ledger for tokenized money, tokenized securities and digital identity. The model is proven and it is called BLIK: institutions as founders and shareholders, a neutral operator, one standard for the whole market. Binar builds the network, runs the operator (Polski Standard Tokenizacji S.A.) and invites the first institutions to the table as founders.
Why now
of adult Poles hold digital assets
The highest share in the European Union. Almost all of it outside the Polish financial system.
of Europe's largest banks already offer digital assets to their clients
None of them from Poland.
brokerage accounts in Poland, 85% of them inactive
Waiting for a product.
Polish stablecoins issued from Poland
The first zloty stablecoin was created in the Netherlands.
Regulation is ready (MiCA, MiFID II, DORA), the technology is ready, the market is ready. Only the infrastructure is missing. The window in which Poland can build its own instead of plugging into someone else's is open for months, not years.
What the network delivers
Identity
mObywatel (the Polish government ID app) as the source of truth. A customer verifies once and reuses that verification at every institution on the network. Zero-knowledge proof: "I am a citizen, I am over 18, I am not on a sanctions list", without disclosing the national ID number.
Money
Every bank issues its own e-money token on its own licence, by notification to the KNF (Art. 60 MiCA). Several stablecoins, one standard, 1:1 backing.
Assets
Bonds, shares, funds and real estate as tokens. Issuance, trading, settlement and redemption on one ledger. Atomic settlement: asset for money in a single transaction, no counterparty risk. KDPW as the depository.
Payments
Customers, companies and AI agents pay with the same standard. Escrow, cash pooling and trade finance as smart contracts. AI agent mandates as verifiable credentials, in line with the Agent Payments Protocol.
Interoperability
Bridges to Cardano, Ethereum and Canton. A Polish institution settles with global networks without leaving Polish jurisdiction.
How it works
An institution issues
A bond, a share, a fund unit or a PLN token. On its own licence, no new one needed. Issuance via API or a panel, whitepaper and reporting generated automatically.
The network settles
Asset for money in one transaction, instant finality, 24/7. The customer is verified once, through mObywatel. AML screening and Travel Rule built into every operation.
The customer uses it
In their own bank's app, under the bank's brand. Buys from PLN 100, sells whenever they want. A person, a company or an AI agent with a signed mandate.
Hyperledger Besu, the same stack on which JPMorgan settles trillions of dollars. Validators run by the founding institutions. Audited smart contracts.
The model: like BLIK, but for digital assets
Founders
Three to five Polish financial institutions. Shares in the operator, a board seat, veto rights, priority access, a share of revenue from those who join later. Like the six BLIK banks in 2013.
Operator
Polski Standard Tokenizacji S.A. Builds, runs and develops the network. Wholly owned by Binar at the start, co-owned by the founders over time. Neutral towards participants. Responsible for technology, security, compliance and development.
Regulator
The KNF and the National Bank of Poland at the table from day one. A network built for Polish law, Polish jurisdiction and Polish supervision. Not as an obstacle, as a co-author.
Who it is for
Universal bank
Its own PLN token without a new licence. Tokenized bonds and deposits for retail clients from PLN 100. Cash pooling and trade finance for corporates. A network validator and shares in the operator.
Brokerage house
Issuance and distribution of tokenized securities on the existing MiFID licence. 24/7 trading, atomic settlement, a secondary market. Access to the 85% of dormant accounts with a product that does not exist today.
Payment institution, EMI
E-money token issuance under MiCA. Conditional payments, escrow, AI agent payments. A new rail next to cards and transfers.
Fund manager, asset manager
Fund units as tokens. Distribution through every institution on the network. Money market funds as stablecoin backing.
What Binar brings
Experience
More than 10 years building systems for the financial sector. A blockchain team that has built and maintains production systems on Cardano, Ethereum and Hyperledger Besu.
Ready components
PLT, the first zloty stablecoin with a full cash-out network (BLIK, MoneyGram, Visa). Fizen, a licensed identity and data layer (AISP). PYK PAY, a payments layer for merchants. Mjolnir, tooling for deploying and running nodes.
Neutrality
Binar is not a bank and does not compete with participants. It builds the infrastructure on which they compete.
Pace
The first tokenized bond on the network in 2027. The first bank stablecoin out of Warsaw in 2027. The first Polish payment standard for AI agents in 2027.
Banach Network will be built. The question is who the founders will be.
Founders define the standard. They hold shares, a vote and priority. Those who join later use a standard someone else set. If your institution wants a seat at the table, let's talk.
This page is for information only and does not constitute an offer within the meaning of applicable law. Banach Network and Polski Standard Tokenizacji S.A. are in the organisation phase.