R3

Name

R3

Legal name

R3 HoldCo LLC

Website

https://r3.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Enterprise Blockchain Platform

NAICS

Custom Computer Programming Services (541511)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)

akta.pro secondary industries

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC), Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI)

Keywords

• Distributed ledger technology
• Tokenization platform
• Digital asset infrastructure
• Enterprise blockchain platform
• Central bank digital currency

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Corda Enterprise Licensing: R3 offers Corda Enterprise with additional feature enhancements for customers looking to use DLT in production at scale. Corda open-source is free, but Enterprise edition provides enhanced capabilities for production deployments.
2. Professional Services: R3 provides implementation services, expert services, and regulatory guidance to support financial institutions. Services include CorDapp development support, application support for live applications built by R3 Professional Services team, and consultation throughout the implementation process.
3. Support Services: Three-tiered platform support offerings: weekday work hour support for experimentation phases, up to 24/7 support with access to expert team. Includes CorDapp support packages for maintenance of Corda-powered applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

R3 designs, develops, and operates Corda, an open, permissioned distributed ledger technology (DLT) platform that powers the tokenization of assets and currencies in regulated financial markets. The company sells Corda Enterprise (a commercial, production-scale edition), the R3 Solana Toolkit for institutional-grade digital asset issuance on Solana, and R3 Labs solutions for tokenized real-world assets. R3 also provides professional services for CorDapp development, multi-tier platform support, and developer certification.

Product overview

R3 offers a platform-plus-modules architecture anchored by Corda, its open, permissioned DLT platform for tokenizing assets and currencies in regulated markets. The portfolio includes Corda Enterprise (commercial production version), the R3 Solana Toolkit (institutional-grade solutions for launching regulated assets on Solana), and R3 Labs (division for institutional DeFi). Services include flexible support tiers, CorDapp development support, and certification programs. The company expanded in 2025 through a strategic collaboration with Solana Foundation to bridge Corda networks with Solana's public blockchain.

Differentiator

Problem solved

Functional benefit

Products and services

• Corda Open, permissioned distributed ledger technology (DLT) platform powering the tokenization of assets and currencies in regulated markets. Corda enables businesses to share information, make agreements, and track transactions securely with privacy as the foundation, and is built with Java and Kotlin for multi-party applications.
• Corda Enterprise Commercial version of Corda with additional feature enhancements for customers using DLT in production at scale, including enterprise security, scalability, and support features.
• R3 Solana Toolkit Institutional-grade toolkit that enables builders and asset issuers to launch regulated, privacy-enhancing assets directly on Solana with compliance, wallet and custodian integration, validator curation, and freeze/seize capabilities.
• R3 Labs Division dedicated to accelerating institutional adoption of tokenized real-world assets (RWAs) on Solana, focusing on bridging traditional finance and DeFi through yield-bearing vaults and institutional-grade RWA products.
• Services and Support Flexible support offerings including platform support tiers (from weekday work hour support to 24/7 expert access), CorDapp development support, and CorDapp application support for live applications built by R3 Professional Services.

Quantifiable outcome

• Over €50-100 million per year in estimated cost savings for global banks using HQLAx collateral mobility platform
• +3 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

13 partnerships are on record, tiered flagship and core.

• BlackRockflagshipTechnology or Integration · 1 February 2026Major institutional asset manager participating in R3's Solana integration initiative for tokenized real-world assets. BlackRock is exploring DeFi access through R3's infrastructure connecting TradFi to public blockchains.
• Franklin TempletonflagshipTechnology or Integration · 1 February 2026Major asset manager participating in R3's Solana integration for institutional DeFi access. Franklin Templeton has launched tokenized money market funds and is exploring R3's RWA yield infrastructure.
• Central Bank of the UAEflagshipStrategic or Co-development Partner · 1 November 2025Long-standing partnership for CBDC development. The UAE partnered with R3 using Corda enterprise blockchain to develop both wholesale and retail CBDC solutions, with the goal of reducing costs, enabling near-instant settlement, and improving financial inclusion. First live government transaction using Digital Dirham on mBridge platform completed in 2025.
• Solana (Privacy Integration)coreTechnology or Integration · 1 August 2025Integration of Corda platform with Solana's Confidential Balances feature, leveraging zero-knowledge proofs and homomorphic encryption for private transactions while maintaining regulatory compliance and auditability.
• Solana FoundationflagshipStrategic or Co-development Partner · 22 May 2025Strategic collaboration to integrate R3's Corda platform with Solana's public blockchain network, enabling regulated financial institutions to access Solana's high performance for digital assets. This integration enables private Corda transactions to be confirmed on Solana mainnet, bridging permissioned and public blockchain ecosystems. Solana Foundation President Lily Liu joined R3's Board of Directors.
• CGIcoreImplementation/ SI/ Consulting Partner · 1 March 2025Partnership with CGI and eleven banks to develop a blockchain-based trade finance application. CGI provides implementation services while R3 provides the Corda platform for trade finance digitization.
• IDEMIA Secure TransactionscoreTechnology or Integration · 9 February 2025Partnership to transform CBDC payments both online and offline. IDEMIA provides secure transaction infrastructure while R3 provides the blockchain platform for CBDC implementation, targeting central banks seeking digital currency solutions.
• RadiancoreStrategic or Co-development Partner · 1 November 2024Partnership to modernize title transfer and insurance process using blockchain technology. Radian's real estate title services combined with R3's Corda platform to digitize property transactions and insurance workflows.
• CSD PraguecoreTechnology or Integration · 1 November 2024CSD Prague selected R3's Corda as the DLT platform for European DLT Pilot Regime, becoming the first authorized DLT platform for securities settlement under this regulatory framework.
• QuantcoreStrategic or Co-development Partner · 1 September 2024Partnership for UK Regulated Liability Network (RLN) experimentation phase. R3 and Quant served as technology partners delivering a multi-issuer DLT-based Tokenisation Platform and comprehensive API for interaction with all forms of money. Also supported UK Finance's RLN experimentation phase report publication.
• IvnocoreTechnology or Integration · 12 October 2021Acquired by R3 in October 2021 to add stablecoin issuance capabilities to Corda. Ivno's digital currency technology strengthens R3's ability to support enterprise-grade stablecoin issuance and tokenization of assets like gold and art.
• FnalitycoreTechnology or IntegrationR3 supports Fnality's blockchain-based payment system for interbank settlements. Corda enables the first cross-chain swap between Fnality and HQLAx, demonstrating interoperability capabilities.
• HQLAxcoreTechnology or IntegrationHQLAx built its collateral mobility platform on Corda, enabling ownership transfer of securities without cross-custodian movements. Platform provides estimated cost savings of €50-100 million per year for global banks.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Polygon Labs: Ethereum scaling and enterprise blockchain infrastructure (Polygon PoS, Polygon CDK, AggLayer). Comparable in providing infrastructure for tokenized assets and institutional DeFi, with growing overlap in regulated RWA initiatives.
• ConsenSys: Enterprise Ethereum infrastructure provider (Infura, MetaMask, Linea) serving financial institutions and developers. Comparable as an enterprise blockchain infrastructure provider with significant overlap in regulated-finance pilots and tokenization initiatives.
• Hyperledger (Linux Foundation): Umbrella open-source initiative for permissioned DLT frameworks including Hyperledger Fabric. Directly comparable as a competing permissioned DLT foundation targeting enterprise and financial-services use cases, with overlapping consortium and open-source adoption dynamics.
• Ripple: Enterprise blockchain and digital asset infrastructure provider (XRP Ledger, RLUSD stablecoin, Ripple Payments) serving banks and payment providers. Comparable in targeting regulated financial institutions with blockchain-based cross-border payments and tokenization.

Direct peers

• Digital Asset: Builds the Canton Network, a permissioned DLT for regulated financial markets. Directly comparable as a competing enterprise-grade permissioned blockchain platform targeting banks, FMIs, and asset tokenization — overlapping customer base and technology category with Corda.
• Fireblocks: Digital asset custody, settlement, and tokenization platform used by banks and institutional clients. Comparable in serving institutional tokenization workflows, with overlap on RWA issuance and integration with permissioned and public-chain infrastructure.

Emerging players

• Hedera: Enterprise-grade public distributed ledger (hashgraph) with tokenization and stablecoin capabilities. Comparable as an enterprise-focused DLT targeting regulated use cases and institutional tokenization, though with a different consensus architecture.
• Ondo Finance: Tokenized Treasury and institutional RWA yield platform with significant institutional adoption. Comparable as an emerging player in the tokenized-RWA and yield infrastructure space where R3 Labs is now positioning via Corda Protocol yield vaults on Solana.

Others

• Chainalysis: Blockchain analytics, compliance, and monitoring provider for institutions and regulators. Adjacent ecosystem participant rather than direct competitor, but overlapping institutional buyer relationships (banks, FMIs) and adjacent to R3's regulatory reporting and compliance positioning.
• Fnality International: Wholesale CBDC and interbank settlement network (Fnality Sterling, Fnality USD). Comparable as an ecosystem partner/participant on Corda (cross-chain swap integration via HQLAx) and as an adjacent institutional digital-payments infrastructure competitor for central-bank settlement.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCAwTiDccvgD-TjiHQWFEjHA/featured
• LinkedInlinkedin.com/company/r3cev-llc
• Xx.com/inside_r3
• Facebookfacebook.com/R3blockchain

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors46 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about R3