Rayls, the blockchain ecosystem bridging DeFi and TradFi, announces a strategic integration with Arbitrum, the largest Ethereum Layer 2 scaling solution, to launch its Rayls Public Chain. This integration will establish a new public blockchain that seamlessly connects and aggregates liquidity from Rayls’ network of permissioned subnets, supporting its growing ecosystem of financial institutions. By leveraging Arbitrum’s technology, the integration aims to accelerate blockchain adoption in the financial industry by offering unique features geared at providing the level of compliance, privacy and scalability required by financial institutions.
Powered by Arbitrum’s Orbit technology stack, Rayls’ public chain unlocks immense potential for accelerating Financial Institutions adoption of blockchain technology, allowing them to bring billions of clients onchain and to provide access to new services and products using DeFI applications to unlock trillions of dollars of assets currently managed by the global financial markets. The initiative is poised to onboard the next quadrillion dollars into Web3 while establishing itself as the safe haven for RWAs (Real-World Assets). The Rayls Public Chain will launch during 2025, with a testnet available already in Q1.
The upcoming launch of Rayls’ Public Chain will take place months after Kinexys by J.P. Morgan (formerly known as Onyx by J.P. Morgan) issued its Project EPIC report on how to explore privacy solutions in digital asset transactions. The launch also follows Parfin’s successful $16 million Series A funding round in 2024, as a core contributor of Rayls.
Rayls works with financial institutions globally, offering a blockchain ecosystem composed of permissioned EVM (Ethereum Virtual Machine) subnets that facilitate high-volume, private, and regulatory-compliant transactions, connected to an Ethereum L2 public chain. Its solutions are already being explored by prominent institutions such as The Central Bank of Brazil, in the development of its digital currency, Drex, as well as JP Morgan’s Kinexys platform.
Marcos Viriato, CEO and Co-founder of Parfin (a core developer of Rayls), comments “We are thrilled to integrate with Arbitrum for the launch of the Rayls Public Chain and the opportunity it brings to the financial and technology industries. Our ambition is to establish the definitive blockchain for financial institutions on Ethereum, and this integration marks a significant step toward achieving that goal”.
"We chose Arbitrum for its battle-tested technology, which provides high scalability and the flexibility to be customized and incorporate new technologies. Arbitrum is the ideal solution for Rayls to deliver its UniFi vision, integrating financial institutions (TradFi) to Decentralized Finance (DeFi)," says Alex Buelau, CPTO and Co-founder of Parfin, a core developer of Rayls.
"The launch of Rayls on Arbitrum Orbit demonstrates how the Arbitrum technology stack can support institutional blockchain adoption," said Nina Rong, Head of Partnerships at the Arbitrum Foundation. "This integration showcases how Arbitrum's infrastructure can help power solutions that bridge TradFi and DeFi while maintaining the robust compliance and security standards financial institutions require. We're excited to see Rayls leverage Arbitrum technology to unlock the potential of real-world assets on the blockchain."
Rayls is on a mission to make blockchain finance accessible to financial institutions worldwide. After years of perfecting its permissioned subnets, Rayls will launch its testnet, inviting institutions of all sizes to explore its private, secure, and regulatory-compliant blockchain solutions—paving the way for the future of finance. For more information about Rayls, visit https://www.rayls.com/.
About Rayls
Rayls is a cutting-edge blockchain technology designed to empower financial institutions with secure, scalable, and compliant solutions. By offering permissioned 'subnets' , Rayls enables institutions to maintain privacy and regulatory compliance while seamlessly connecting to the broader decentralised finance ecosystem. Leveraging advanced cryptographic techniques such as Zero-Knowledge Proofs (ZKP) and Homomorphic Encryption, Rayls ensures data security and transaction integrity. Developed by leading innovators, including Parfin, Rayls bridges the gap between traditional finance and decentralized networks, accelerating the adoption of Real World Asset (RWA) tokenisation and unlocking new financial opportunities globally. Learn more at www.rayls.com.
About Arbitrum
Arbitrum is a customizable, interoperable set of solutions designed to bring businesses and people onchain. Its flagship blockchain, Arbitrum One, dominates L2 TVL with deep liquidity and streamlined deployment capabilities, powering dApp innovation across DeFi, DePIN, gaming, and other verticals. Additional technologies like Orbit, which enables the development of customizable, interconnected chains leveraging the Arbitrum ecosystem, and Stylus, supporting Rust and C++, push Arbitrum to the forefront of pioneering innovation in blockchain development.
Contact: Sidharth Dilip
Email:sid@lunapr.io