On November 16, during Solana Breakpoint in London, one of the world's largest on-chain meme trading platforms will hold a grand final. The champion of the GMGN Global Championship will drive away in a customized Aston Martin Vantage. Thousands of traders have completed online qualifiers, and finally, 7 will face off in live trading.

The list of sponsors includes familiar names like Base, Solana Mobile, and Hello Moon. However, there are two newcomers—Rill Wallet and Tenon—which will make their public debut as Silver Sponsors at this event. More importantly, GMGN is integrating the wallets and infrastructure services from these two companies into the platform.

Rill will provide wallet capabilities for the GMGN platform. Users can log in to receive a self-custody wallet, and each transaction will undergo a strategy check before signing to reduce the risk of unauthorized transactions and abnormal operations. Tenon will serve as the underlying infrastructure, responsible for cross-chain transfers of USDC, supporting the purchase of cryptocurrencies via Apple Pay, Google Pay, or bank cards, and, as an upstream issuer, providing branding card issuance capabilities for other institutions. For the platform, this means they can bring in deposit and payment capabilities without having to apply for fiat licenses or card issuance permissions themselves.

For a platform with daily active traders reaching tens of thousands and monthly trading volumes in the billions, the choice of wallet and payment solutions is not trivial. High-frequency on-chain trading cannot afford slow signing or weak custody solutions. Rill's median signing time is 2 milliseconds, with a 99.99% availability SLA. Exporting private keys requires simultaneous approval from both the user and the platform server, preventing fund transfer with stolen logins alone. Strategy rules run before each signing, intercepting transactions by method, chain, or amount. The significance of these mechanisms is that the platform can maintain self-custody while exercising a degree of risk control, without having to place all decisions in the hands of the user or completely delegate to the system.

Tenon's cross-chain bridge averages about 30 seconds to complete USDC settlements. Its fiat deposit channels handle KYC, risk control, and chargebacks, relieving the platform of these responsibilities. Both products are designed as embedded solutions rather than standalone consumer applications. This design is closer to the actual needs of most trading platforms today: users do not need to download a separate wallet and do not wish to jump back and forth between different products.

They are from the Webot group. They believe that compliance is becoming the basic threshold when reaching real users and real funds, rather than a differentiating selling point; meanwhile, most actual activities are migrating on-chain. Rill and Tenon are built for this intersection. The group holds licenses from multiple U.S. states and EU MiCA authorization, providing a regulatory basis for fiat deposits, withdrawals, and card issuance services, so the platform does not need to apply for these licenses separately. However, these two products are designed for on-chain applications, not as extensions of centralized exchanges.

The London event marks the first public appearance of these two brands. For the Webot group, this is a step toward on-chain infrastructure based on existing compliance. Increasingly, licensed institutions are beginning to seriously explore the on-chain ecosystem, indicating that in the future on-chain, it is no longer solely the judgment of on-chain teams, but is evolving into a broader consensus.

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