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By tying core operations to JNT, Jibrel Network ensures that the token isn’t just a speculative asset, but a vital utility within its decentralized financial ecosystem. The Jibrel Network chose to create a dedicated token like JNT instead of relying on ETH or BTC because of their extreme volatility. It would have been too challenging to keep fiat currency liabilities while holding the uncorrelated and volatile crypto-assets. “We’re translating real-world regulation into solidity code and deploying it so that these token transfers can always be KYC compliant without a regulator intervening,” Barghuthi said.

By verifying user identities, Jibrel prevents illicit activity such as money laundering, fraud, and terrorism financing—issues that have plagued less-regulated blockchain platforms. Beyond its use as a transaction medium, JNT acts as a key access token to platform features and services. This includes staking mechanisms, where users may be required to hold or lock JNT to participate in certain protocols or gain priority access to new tools.

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Eventually, the Jibrel Network hopes to create consumer banking that is fully decentralized and automated. In addition, Jibrel builds strong relationships with traditional financial institutions, offering them a secure, compliant way to experiment with blockchain technology. These partnerships are essential for integrating tokenized assets into the broader financial system and unlocking new financial products that combine the strengths of both worlds. The Jibrel network consists of a decentralized platform that has been designed to help with the easy tokenization of digital assets. These tokens will serve as equities, currencies, commodities, etc. that will be fully usable within the Ethereum blockchain. They will be referred to as Crypto Depository Receipts (CryDR) and will make use of smart contracts for all transaction purposes.

Contract Source Code Verified (Exact Match)

He previously worked as a financial adviser at PwC, and is proficient in programming languages such as Python and SQL. Since its inception in May 2017, the Jibrel Network has caught the attention of many blockchain enthusiasts around the globe. The project is currently headed by Yazan Barghuthi, who is also its co-founder.

However, through the conversion of these assets into a single tokenized entity, Jibrel allows different currencies and assets to be traded via a single platform. Ever since the launch of Bitcoin back in 2009, blockchain technology has started to transform various aspects of our everyday lives. Through the use of this technology, we are able to streamline transactions in a completely decentralized way, thereby allowing for maximum transparency. However, the use of crypto is still heavily restricted by issues related to usability and geography. Additionally, there also exist various systemic risks due to bottlenecks that make it hard to convert traditional assets to digital assets (and vice versa).

JNT Breakdown

From the very beginning, Jibrel Network was designed to operate within the scope of existing financial laws and regulatory structures. The platform facilitates the tokenization of real-world assets like fiat currencies, equities, and bonds—assets that are deeply embedded in legal and financial systems. To ensure these digital representations (CryDRs) are legally sound, Jibrel Network integrates traditional regulatory standards directly into its architecture. Smart contracts—self-executing code that automates financial agreements—are a cornerstone of Jibrel’s infrastructure. These contracts require JNT to function, acting as “gas” to execute programmable logic on the blockchain.

Jibrel is the first protocol to allow anyone to put traditional assets such as currencies, bonds, and other financial instruments on the blockchain in a form of Crypto Depository Receipts (CryDRs). Imagine a world where fiat currencies, bonds, and equities are instantly tradable on the blockchain. As the bridge between traditional finance and decentralized technology, Jibrel empowers users to tokenize real-world assets with confidence and compliance. According to its mission, Jibrel is all about creating the tools needed to store, send, and receive traditional financial assets on-chain—securely and legally. Jibrel are the first protocol to allow anyone to put traditional assets such as currencies, bonds, and other financial instruments on the blockchain in a form of Crypto Depository Receipts (CryDRs). Jibrel Network’s mission to tokenize traditional financial assets and bring them on-chain is powered by a robust and secure technological foundation.

At the core of the Jibrel Network is the Ethereum blockchain, chosen for its proven reliability, mature development ecosystem, and global adoption. Ethereum enables the creation of programmable, self-executing smart contracts that serve as the backbone of the platform’s operations. These contracts automate the issuance, redemption, transfer, and management of tokenized financial assets—known as CryptoDepository Receipts (CryDRs). At the heart of the Jibrel Network lies its native utility token—Jibrel Token (JNT). More than just a cryptocurrency, JNT is a foundational asset that powers the entire Jibrel ecosystem. It plays a critical role in enabling seamless transactions, enforcing smart contracts, and incentivizing participation from both users and developers.

This dynamic creates a direct link between the success of the platform and the value proposition of the token. Ten percent of these, 20 million JNT, were allocated for the token presale and 60 percent, or 120 million, for the token main sale. The team receives 15 percent, or 30 million JNT, while advisors and partners get another 10 percent, 20 million JNT. JNT will be listed on multiple exchanges to make it easier for users to acquire. “Blockchains are a database, a new way of storing data in a particular contract,”Barghuthi said. “Smart contracts are a way to execute certain commands in a decentralized way, and be able to remove trusted intermediaries, or middlemen, from the equation.”

Built with Compliance in Mind

Jibrel Network provides currencies, equities, commodities and other financial assets and money instruments as standard ERC-20 tokens on the Ethereum blockchain. In the medium to long-term, Jibrel will focus on tokenizing debt instruments and their derivatives- thereby streamlining large portions of retail investment and investment banking operations. An investor can tokenize financial assets by transferring liquid assets to the Jibrel AG Fund located in Zug, Switzerland, where they are held. Illiquid assets receive their securitization via JNT for the underlying currency. Any transaction that involves that tokenized asset in question will then be done using JNT. Because the tokenized assets are a type of standard ERC-20 token, users can rely on any ERC-20 wallet to send, receive, and exchange their CryDRs.

CryDRs, or CryptoDepository Receipts, are an important part of the Jibrel Network. These tokens represent a traditional financial asset’s value but have the denomination of a Jibrel Network Token, JNT. “A huge benefit of smart contracts that people don’t touch on enough is how it removes subjectivity,” Barghuthi said. “And you can imagine why that would be something incredibly useful with some of the bloated processes or bureaucratic processes in financial services.” From a functional standpoint, Jibrel has the potential to solve some of the major problems that are currently being faced by financial trading companies built on the blockchain. Some of the core issues that Jibrel addresses are those of high transaction fees as well as slow transfer times.

This creates consistent demand for JNT as more users engage with tokenized assets and automated financial services on the platform. By enabling assets like USD, EUR, and corporate bonds to be jibrel network token tokenized, Jibrel Network acts as a digital bridge—linking regulated financial markets with the decentralized world of Web3. It’s not just about creating tokens; it’s about creating meaningful utility for them within a regulated ecosystem. While still in its infancy, the Jibrel Network is already offering the market a unique platform that will digitize various assets by placing them on the blockchain. As a result, users may gain access to a blockchain-based ecosystem providing a secure way of transferring physical assets through the use of a digital currency. Since digital financial assets can be cumbersome to trade, users often have to make use of various services to exchange these commodities in an easy manner.

• CryDRs are at the core of Jibrel’s mission to digitize and tokenize real-world value, bringing institutional-grade assets to the blockchain in a secure, compliant, and transparent manner.
• While still in its infancy, the Jibrel Network is already offering the market a unique platform that will digitize various assets by placing them on the blockchain.
• By transforming financial products into blockchain-compatible tokens, Jibrel Network is pushing the boundaries of how traditional finance operates in the digital age.

About JNT

Tokenizing assets into CryDRs unlocks a host of benefits for institutions, investors, and developers alike. The Jibrel wallet is named jWallet and is available now for anyone to use at the official website. In the future, Jibrel hopes to offer a much wider range of commodities, currencies, derivatives, and securities. To round out this system, Jibrel needed to create a system for these assets to transfer among currencies easily, as well as a safe place to store the sensitive information. Barghuthi sees this as the optimal way to future-proof Jibrel as blockchain moves from a hyped technology to one that is just the functional backbone of existing systems. Victor was responsible for running a top-3 altcoin mining pool (pool.mn) between 2014 and 2016.

Furthermore, these processes give institutional partners the confidence to participate in the ecosystem, knowing that every user and transaction complies with international financial standards. This accountability builds trust and opens the door for broader adoption of DeFi among banks, asset managers, and fintech firms. This KYC/AML framework is not just about checking boxes—it’s about protecting the ecosystem from bad actors and ensuring its long-term viability.

In addition, native Jibrel tokens can also be employed for use with decentralized financial instruments such as bonds and securities. Jibrel also implements strong identity management frameworks, making sure only users who have passed Know Your Customer (KYC) and Anti-Money Laundering (AML) checks can interact with financial assets on the network. This compliance-focused architecture helps prevent misuse while maintaining a permissioned and trustworthy environment for all users. From tokenized investment funds to digital treasury solutions, Jibrel offers banks and financial entities the tools they need to modernize—without stepping outside the bounds of regulation.

• It would have been too challenging to keep fiat currency liabilities while holding the uncorrelated and volatile crypto-assets.
• According to its mission, Jibrel is all about creating the tools needed to store, send, and receive traditional financial assets on-chain—securely and legally.
• Institutions can use them to tokenize cash reserves for seamless cross-border payments or create tokenized investment products that appeal to crypto-savvy investors.
• This revolutionary approach allows traditional financial instruments to become programmable and tradable in the decentralized economy.
• JNT is designed to align the interests of all ecosystem participants while ensuring secure, efficient, and compliant interactions with tokenized assets.

According to his LinkedIn profile, Yazan has been in the financial sector for nearly a decade, and previously worked at management consultancies such as Oliver Wyman and Deloitte. Importantly, the Jibrel Network also makes use of guarantors to ensure that all of its tethered tokens remain stable in value. Jibrel Network Token (JNT) will be publicly traded on at least five exchanges as soon as February 1st, 2018. The minimum accepted investment is US$ 100 and the maximum investment limit is US$ 850,000. “We actually sat down and analyzed how all these wallets were built, and we’ve come to so many steps where we’re like, ‘Why did they build it like this?’”Barghuthi said. JWallet was conceived after the Jibrel team surveyed the crypto wallet landscape and decided that they needed to build one with a higher degree of security.