LBank Exchange Lists RIA (Riaspace), A New Public Blockchain Project for Value Ecosystems

LBank Exchange listed RIA, the native token of the Riaspace blockchain, for live trading on June 26, 2026, at 12:00 PM UTC. The RIA/USDT pair went live on one of crypto's larger platforms, giving the project immediate access to what TMX Newsfile describes as 25 million registered LBank users across 160 countries.
Riaspace is a new Layer-1 blockchain built on a hybrid Proof-of-Work and Proof-of-Stake model. Its total token supply is fixed at 210 million RIA. The project pitches itself as a "distributed value ecosystem" — a network where miners, stakers, and developers share rewards rather than compete for them.
Riaspace runs on a proprietary algorithm called Ria2xor. The hybrid POW+POS design means an attacker would need to control both a majority of the network's computing power and a majority of staked tokens at the same time. That dual requirement makes a so-called 51% attack — where a bad actor rewrites transaction history — far more expensive to pull off, according to TMX Newsfile.
The model follows in the footsteps of earlier hybrid chains like Decred, which tried to fix the same security gaps in pure PoW coins like Bitcoin. Riaspace also plans to add Zero-Knowledge Proofs and coin-mixing, two privacy tools that could attract users who currently rely on privacy coins like Monero, according to the Riaspace Whitepaper.
Riaspace plans to support both EVM and non-EVM smart contracts. EVM stands for Ethereum Virtual Machine — the standard that lets developers write apps that run on Ethereum and hundreds of other chains. Supporting both types means developers from nearly any blockchain background could build on Riaspace without learning a new coding language.
The project also plans a cross-chain bridge and a built-in SWAP platform. These tools let users move tokens between different blockchains. Without them, a new chain risks becoming what analysts call a "liquidity island" — a network where assets get trapped and trading dries up. MEXC News categorized Riaspace as an "early-stage blockchain infrastructure" project, noting its long-term value depends on real adoption of these features.
The Riaspace team addressed one of the biggest fears in early-stage crypto launches: insider dumping. Via the project's official X account (@Ria__Capital), the team stated: "The focus remains on building, not selling. Neither the team nor the foundation will sell their token holdings after trading opens," according to MEXC News. Of the 210 million total supply, 21 million RIA — exactly 10% — was minted at genesis for ecosystem development and security nodes.
LBank placed RIA in its "INNO Zone," a section of the exchange reserved for high-potential but early-stage projects. The label means the token passed initial vetting. It also means the project has not yet proven itself at scale. LBank reported a daily trading volume of roughly $1.5 billion around the listing date, according to CoinGabbar, giving RIA a deep liquidity pool from day one.
LBank was founded in 2015 and is registered in the British Virgin Islands under LBK Blockchain Co., Limited. It holds NFA, MSB, and Canadian MSB licenses. The exchange claims zero security incidents in ten years of operation. Still, analysts stress that the INNO Zone tag is a clear signal: RIA is a long-term bet, not a finished product, and carries the risks that come with any unproven blockchain infrastructure play.
Publishers
23
Articles
23
Reach
23