LCX Launches Liberty Chain: The Self-Serve Infrastructure for Global Tokenization

For more than seven years, LCX has quietly built regulated digital asset infrastructure in Europe. What began in Liechtenstein as one of the earliest compliant crypto exchanges has evolved into a global platform for regulated markets, tokenization, and blockchain infrastructure.

Today, LCX enters its next phase.

Earlier this month, LCX completed its transition from Liechtenstein Cryptoassets Exchange to Liberty Crypto Exchange, reflecting its expanded global footprint and a broader mission: building compliant, institutional-grade infrastructure for digital and real-world assets at scale.

At the same time, LCX announces two major milestones:

• the introduction of Liberty Chain, and
• a comprehensive LCX Token upgrade,

aligning the exchange, the blockchain, and the token into a unified infrastructure stack.

Trillions of dollars in real estate, commodities, private equity, and infrastructure remain locked in illiquid markets, expensive to access, slow to trade, and restricted to a narrow set of participants. Tokenization changes that. Liberty Chain is built to make it happen.

From Regulated Exchange to Infrastructure

Founded in 2018, LCX built one of Europe’s most regulated crypto exchanges from day one, operating under Liechtenstein’s Token and Trusted Technology Service Provider Act (TVTG). That regulatory-first approach shaped every layer of the platform, custody, trading, compliance, and governance.

Over time, LCX expanded beyond exchange operations. The company developed on-chain identity systems, token holder registries, whitelisted wallet frameworks, and compliance tooling under internal R&D initiatives, culminating in the publication of its early infrastructure work and the Liechtenstein Protocol.

Liberty Chain is not a new experiment. It is the culmination of seven years of regulated infrastructure development, now exposed as self-serve blockchain infrastructure.

The rebrand to Liberty Crypto Exchange reflects this evolution. LCX now operates through a global holding structure via LCX Global S.A. in Luxembourg, with active entities in Liechtenstein, Lithuania, and the United States, and additional regions in the Middle East and Asia under evaluation. This structure supports international expansion while maintaining a unified compliance, technology, and governance strategy.

At its regulatory core, LCX AG operates under the TVTG framework and has applied for authorization as a Crypto-Asset Service Provider (CASP) under the EU’s Markets in Crypto-Assets Regulation (MiCA).

LCX has already authored more than 60 MiCA-compliant crypto-asset white papers, accounting for nearly 9% of all filings registered with ESMA. This is not theoretical compliance, it is operational experience embedded directly into infrastructure design.

Introducing Liberty Chain

Building on this foundation, LCX is launching Liberty Chain, a compliance-enabled Layer-2 blockchain built on Optimism’s OP Stack and operated by LCX.

Liberty Chain is designed as self-serve infrastructure for global tokenization, think of it as the eBay of tokenized asset markets. Asset owners can tokenize securities, commodities, real estate, or financial instruments, while activating compliance features as needed.

Need KYC verification? Activate it.

Need whitelisted wallets or jurisdictional transfer restrictions? Configure them.

Need a real-time token holder registry? It’s built in.

No gatekeepers. No bespoke six-month integrations. Just tokenize.

Liberty Chain embeds regulatory workflows directly into the infrastructure layer while delivering the performance characteristics required for real-world financial use cases:

• Low transaction fees
• Fast settlement (~1 second)
• Ethereum-grade security via OP Stack
• Native interoperability within the OP Superchain ecosystem

The LCX Token serves as the core utility asset of the network, used for transaction fees, settlement, and participation across the Liberty Chain ecosystem.

The roadmap also includes native decentralized exchange and derivatives primitives, protocol-level infrastructure for on-chain spot and perpetual markets, extending liquidity and execution directly at the blockchain layer while remaining aligned with LCX’s governance and compliance framework.

An End-to-End Tokenization Framework

Liberty Chain is not positioned as a standalone blockchain. It is part of a broader end-to-end tokenization framework operated by LCX, covering the full asset lifecycle.

Asset Layer

Registration and verification of tokenized assets, including legal documentation, ownership structures, valuation data, and oracle integrations. This layer supports both digital-native assets and real-world assets.

Policy Layer

Definition and enforcement of programmable compliance rules, including KYC and AML requirements, sanctions screening, jurisdictional restrictions, lock-up periods, and transfer controls. Regulatory logic is embedded directly into the infrastructure.

Liquidity Layer

Distribution of tokenized assets through regulated trading venues, on-chain liquidity pools, and cross-chain environments within the OP Superchain ecosystem, with issuer-defined controls preserved throughout.

Together, these layers form a self-serve tokenization framework, enabling assets to be issued, governed, and distributed globally while preserving regulatory integrity.

The LCX Token Upgrade

To support Liberty Chain and the expansion of its infrastructure, LCX will execute a Token Upgrade of the existing LCX Token.

The upgrade preserves continuity while extending the token’s role across exchange operations, blockchain infrastructure, and tokenization services.

The upgrade is designed to:

• Support Liberty Chain as a settlement and infrastructure network
• Align tokenomics with regulated tokenization use cases
• Enable multi-chain support across Ethereum, Base, and Liberty Chain
• Maintain compliance and security controls for long-term resilience
• Enable staking pools and network rewards
• Introduce on-chain governance and community participation

Claim-Based 1:1 Migration Model

The LCX Token upgrade uses a claim-based migration model to ensure transparency and supply integrity:

• Old LCX tokens are exchanged for new tokens at a 1:1 ratio
• Old tokens are burned and new tokens minted atomically
• Supply conservation is enforced on-chain
• Double-claiming is technically impossible

A 12-month claim window will be provided for self-custody holders via the official LCX Claim Portal.

Continuity During the Migration Period

The LCX Token upgrade is designed to ensure full continuity throughout the migration period.

The legacy LCX token contract remains unchanged and fully functional during the entire 12-month migration window. Holders may continue to trade, hold, and transfer legacy LCX tokens as before and can migrate to the new LCX Token at any time within the claim window.

There is no forced migration and no interruption to existing token functionality.

LCX is working closely with exchanges and ecosystem partners to enable a smooth, phased transition, allowing each exchange to migrate on its own timeline within the migration window. During this period, exchanges may temporarily support one or both token contracts. LCX Exchange will support the migration from start.

Additional exchange listings and broader ecosystem integrations for the new LCX Token contract are planned for the future.

Network Growth Expansion

To support the long-term operation and expansion of Liberty Chain, the upgraded LCX Token introduces a Programmatic Supply Expansion of up to 5% annually, starting with Liberty Chain mainnet.

The expansion is protocol-defined, capped, and transparent, designed to fund core network functions rather than short-term incentives. Expanded tokens are allocated across three primary categories:

• Network operations

Funding sequencer infrastructure, core protocol maintenance, and security-related services required to operate Liberty Chain at scale.

• Staking and network participation

Rewards for participants who stake LCX tokens to support network integrity, availability, and long-term ecosystem alignment.

• Ecosystem development

Grants and funding for builders, applications, tooling, and integrations that contribute to the growth of Liberty Chain and its tokenization framework.

The expansion rate is predictable and governed at protocol level, ensuring transparency around token supply dynamics while providing sustainable resources for ongoing network development. Allocation flows will be observable on-chain and subject to governance oversight.

Staking Pools

With the launch of Liberty Chain mainnet in Q3 2026, LCX will introduce staking pools that allow LCX token holders to participate directly in the operation and long-term stability of the network.

Staking is designed as a network participation mechanism, not a promotional rewards program. Participants who stake LCX tokens contribute to the reliability and security of Liberty Chain and may receive network rewards funded from the protocol’s expansion pool.

Key characteristics of the staking model include:

• Protocol-aligned participation
• Long-term ecosystem alignment
• Transparent reward mechanics

Detailed staking terms, including eligibility criteria and reward calculations, will be disclosed prior to activation and may evolve through governance as the network matures.

Governance Launch

A protocol governance framework is planned to launch alongside Liberty Chain mainnet, enabling LCX token holders to participate in shaping the evolution of the network and its ecosystem.

Governance will cover areas such as protocol upgrades, network parameters, ecosystem fund allocation, fee structures, and future sequencer requirements. Voting power will be proportional to LCX token holdings.

Detailed governance processes, including proposal flow and voting mechanics, will be published ahead of mainnet launch.

Tokenize Everything

Liberty Crypto Exchange’s evolution reflects a broader shift in digital markets, from speculative platforms toward regulated financial infrastructure.

With Liberty Chain and the LCX Token upgrade, LCX extends its regulated exchange model into blockchain infrastructure and tokenization, making compliant asset issuance and distribution accessible at global scale.

Liberty stands for freedom of wealth: compliant access, global participation, and infrastructure built to last.

Tokenize everything.

Learn More

• LCX Chain: https://chain.lcx.com
  
• LCX Token Claim Portal: https://chain.lcx.com/claim
  
• Technical documentation: https://chain.lcx.com