Blockstream has released a new roadmap for the Liquid Network focused on faster payments, tokenization upgrades, BitVM research, and post-quantum cryptography.

According to Blockstream, Liquid now supports more than $5 billion in tokenized real-world assets, over $250 million on Bitfinex Securities, more than $1.5 billion in tokenized asset volume through STOKR, and billions in tokenized private credit through Mifiel.

One of the main proposed upgrades is ELIP 203, which would remove the 21 million issuance cap for non-LBTC assets on Liquid. 

Blockstream said the change is intended to improve the issuance of fiat-denominated assets, tokenized securities, and large-scale financial products. Activation is currently targeted for May 2026 through a coordinated hard fork.

The roadmap also includes “0-conf” transaction support designed to enable near-instant settlement before block confirmation. A public beta is expected in the coming weeks, with a broader release targeted for June 2026.

Another proposal, ELIP 204, would allow transaction fees to be paid using issued assets instead of LBTC, a change aimed at reducing friction for stablecoin users and institutions operating with fiat-denominated balances.

Beyond payments and tokenization, Blockstream outlined ongoing research into a BitVM-style bridge architecture intended to reduce trust assumptions compared to Liquid’s existing federation-based bridge model.

A major focus of the roadmap is post-quantum cryptography research. 

Blockstream said current work includes experimental post-quantum block signatures, research into lattice-based cryptography, and new signature schemes intended to strengthen Bitcoin-related infrastructure against future quantum computing threats.

The company also highlighted continued development of Simplicity, a smart contract language designed for deterministic and resource-bounded financial applications. 

Early projects under development include a decentralized exchange, a lending protocol, and a post-quantum verifier.

On the institutional side, Blockstream said it plans to release public betas for its enterprise custody platform and AMP2 tokenization infrastructure later this year as part of its broader effort to expand Liquid’s role as Bitcoin-based financial infrastructure.