Metallicus is a financial technology company developing blockchain-based solutions for digital asset banking. Founded in 2016 by Marshall Hayner and headquartered in San Francisco, the company focuses on integrating digital assets with traditional financial services in a regulated and secure environment. ^[2]

Overview

Metallicus emphasizes regulatory compliance, security, and verified identity in its products, aiming to streamline cryptocurrency transactions for both individuals and businesses. Its solutions include blockchain networks, digital payment platforms, and authentication tools designed to enhance accessibility and scalability within the financial sector. ^[2]

Products

Blockchain Solutions

• XPR Network – A scalable layer-one blockchain designed for decentralized applications and instant, fee-free transactions. It includes the XPR Signing Request (XSR) protocol for integration with banks and payment processors.
• Metal Blockchain ($METAL) – A layer-zero blockchain that utilizes the Snow consensus protocol to support Proof-of-Stake (PoS) networks, improving efficiency while eliminating the need for Proof-of-Work (PoW).

Digital Asset Platforms

• Metal Pay – A cryptocurrency platform that facilitates buying, selling, and peer-to-peer transfers with an emphasis on compliance and ease of use. It also offers automated recurring trades.
• Metal X – A decentralized exchange (DEX) that supports multiple cryptocurrency pairs, along with DeFi features such as lending and borrowing, while aligning with U.S. regulatory requirements.

Wallet & B2B Solutions

• WebAuth – A Web3 authentication and identity management system built on the XPR Network, enabling secure cryptocurrency transactions and identity verification.
• Metal Pay B2B API – A customizable API that allows businesses to integrate cryptocurrency trading and investment services into their platforms. ^[1]

Ecosystem Tokens & Coins

The Metallicus ecosystem includes several tokens and coins that serve distinct functions across its blockchain platforms and financial services.

• Metal DAO ($XMT) – A governance token that allows holders to vote on proposals related to the Metal L2 blockchain and Metal Dollar protocols.
• XPR Network ($XPR) – The native coin of XPR Network, used for resource payments (CPU, NET, RAM), staking, voting for Block Producers, and on-chain governance.
• Metal Blockchain ($METAL) – The native asset of Metal Blockchain, used for staking, transaction fees, and network governance. A minimum of 2,000 METAL is required to become a validator.
• Loan Protocol ($LOAN) – The governance and reward token for Loan Protocol on Metal X, used to incentivize both borrowers and lenders.
• Metal Dollar ($XMD) – A stablecoin basket backed by existing bank reserve-backed stablecoins, governed by Metal DAO ($XMT) and operating on the XPR Network. ^{[1] [7]}

2025 Roadmap

Expansion into Credit Union Services

Metallicus is integrating blockchain technology into the U.S. credit union sector through the acquisition of Bonifii and the formation of a Credit Union Service Organization (CUSO). This initiative builds on the foundations of CU Ledger and incorporates Metallicus’s blockchain expertise to modernize credit union infrastructure and enhance digital asset support for members.

Enhancements to WebAuth and Metal X

In 2025, Metallicus plans to expand Metal X into a multichain decentralized trading platform by launching it on Metal L2. WebAuth 3.0 will introduce Passkey support, an improved interface with an address book, streamlined network switching, and compatibility with additional blockchain networks to enhance user accessibility.

Asset Expansion and Compliance

As the regulatory landscape continues to evolve, Metallicus is reviewing and adjusting its offerings to maintain compliance. The company plans to reintroduce previously supported assets while incorporating new digital assets across its product suite, ensuring compatibility with multiple blockchains and maintaining interoperability within the broader digital asset ecosystem.

AI Integration in The Digital Banking Network

Metallicus is developing AI-powered tools within The Digital Banking Network (TDBN). Metal X Pro, an AI-assisted decentralized exchange, will allow users to execute trades, interact with lending markets, and navigate platform functions with AI-driven support. The company is also implementing large language model (LLM) query processing using XPR as payment, with ongoing development planned throughout 2025. ^[3]

Partnerships

Payfinia Partnership

Metallicus has partnered with Payfinia, a U.S. Credit Union Service Organization (CUSO) and instant payments provider, to integrate real-time payments and cryptocurrency services into credit unions nationwide. This collaboration enables credit unions to modernize their financial infrastructure while maintaining compliance with industry regulations.

This partnership reflects the increasing adoption of blockchain and instant payment technologies in the financial sector, positioning both Metallicus and Payfinia to support credit unions as they adapt to the evolving digital asset economy. ^[4]

Bonifii Partnership

Metallicus has acquired Bonifii, a Credit Union Service Organization (CUSO) specializing in blockchain solutions for credit unions. This acquisition allows Bonifii’s network of over 70 credit unions to integrate with The Digital Banking Network (TDBN), a blockchain-based financial infrastructure developed by Metallicus. By leveraging Metal Blockchain, credit unions can enhance their digital services while maintaining regulatory compliance.

Through this partnership, Metallicus and Bonifii will expand blockchain-based offerings for credit unions, including identity management, payments, fraud prevention, and smart contract capabilities. Existing Bonifii products, such as MemberPass, will continue to evolve under Metallicus’s development framework. ^[5]

Meritrust Credit Union Partnership

Meritrust Credit Union has joined Metallicus’s Banking Innovation Program, an initiative designed to help financial institutions explore blockchain applications while maintaining regulatory compliance. Through this partnership, Meritrust aims to assess blockchain-based financial solutions that enhance security, efficiency, and member services.

By participating in the program, Meritrust will gain access to Metallicus’s blockchain expertise, including workshops, fintech collaborations, and research grants. Key areas of focus include digital identity, asset tokenization, private subnets, and single sign-on (SSO) solutions.

This collaboration reflects Meritrust’s commitment to staying competitive in a rapidly evolving financial landscape, leveraging blockchain to improve operational efficiency and expand its digital offerings. ^[6]