RedBelly Network
RedBelly Network is an Australian Layer 1 blockchain providing compliant tokenisation infrastructure for real-world assets, serving regulated financial institutions and asset managers through a patented DBFT consensus and permissioned-but-public mainnet.
- Company typePrivate
- Founded2020
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What RedBelly Network does
RedBelly Network is an Australian Layer 1 blockchain platform purpose-built for the compliant tokenisation of real-world assets (RWAs). Its mainnet launched in 2024 as a public-but-permissioned network governed by 40 institutional nodes (33 active governors), with a stated scaling target of 600 nodes. The platform serves regulated financial institutions, asset managers, and enterprises that require deterministic finality, embedded compliance, and auditable settlement infrastructure for tokenised instruments including asset-backed securities, private credit, carbon credits, and real-estate rent rolls.
The technology stack is anchored by three defensible components: a patented DBFT (Delegated Byzantine Fault Tolerance) consensus mechanism, a Secure EVM (SEVM) execution layer, and the Receptor cross-chain messaging protocol. Together these provide deterministic transaction finality, regulatory-grade compliance at the protocol level, and bridge-free inter-blockchain communication. The October 2025 Malabar Release introduced new opcodes and laid the groundwork for blob transactions and broader Ethereum compatibility, signalling continued protocol investment.
The business model combines token-based gas fees (RBNT token with a fixed $0.01 base fee per transaction) with bespoke enterprise pilots. Commercial traction to date is concentrated in a small number of large engagements — notably Hutly ($1.8B rent rolls tokenisation) and Wisr (AUD $250M Smart ABS pilot under the RBA/DFCRC Project Acacia program) — alongside asset-servicing collaborations with AMAL/IQ-EQ and ecosystem work with NotCentralised. Disclosed revenue is not material, and the company remains in the early commercial phase, with regulatory positioning rather than recurring revenue currently driving its go-to-market narrative.
RedBelly Network firmographics
Firmographics- Name
- RedBelly Network
- Legal name
- Redbelly Network Pty Ltd
- Website
- https://redbelly.network
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RedBelly Network is an Australian Layer 1 blockchain providing compliant tokenisation infrastructure for real-world assets, serving regulated financial institutions and asset managers through a patented DBFT consensus and permissioned-but-public mainnet.
- Ownership category
- akta.pro rank
RedBelly Network industry classification
Industry- Product category
- Enterprise Blockchain Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- MEV, Sequencing & Transaction Supply Chain (builders, searchers, PBS, auctions) (FSAPAAAG)
- akta.pro secondary industries
- Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Layer-1 (L1) Network Validators & Node Operators (FSADAKAA), Settlement, Clearing & Reconciliation for Tokenized Assets (DvP, PvP, netting, post-trade) (FSAPAIAI)
Keywords
Where RedBelly Network is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
RedBelly Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Transaction/Gas Fees: All transactions on the Redbelly Network require the payment of a gas fee. Transaction fees are paid in RBNT (Redbelly Network Token) and are stable in USD terms, providing certainty to users. The base fee for a simple transaction (21,000 gas) is typically fixed to USD $0.01. Governors receive twice the portion of transaction fees compared to candidates. Fees are also shared among Governors, Candidates, Identity Partners, and the Redbelly DAO.
- Node Operator Staking Rewards: Node operators receive staking rewards as compensation for contributing networking, compute, and storage resources to process transactions and maintain the network. Rewards are paid in RBNT. All nodes must stake 100,000 RBNT to participate.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction fees per network usage |
| Other | Monthly | Node operation cost benchmark |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels11 records
RedBelly Network product offering
Product offeringCore offering
RedBelly Network operates a patented scalable Layer 1 public blockchain optimised for compliant real-world asset tokenisation. The platform combines DBFT consensus with a Scalable EVM (SEVM), the Receptor accountability protocol, and FAST CC blockspace design to enable asset issuers to tokenise and trade compliant on-chain structured products such as treasuries, bonds, private credit, carbon credits, derivatives, commodities, insurance, and real estate. Monorevenue is generated through transaction/gas fees and node operator staking rewards, with node operators required to stake 100,000 RBNT to participate in consensus.
Product overview
Redbelly Network is an Australian-developed Layer 1 blockchain platform purpose-built for compliant real-world asset tokenisation. The platform consists of the Redbelly Network Platform (core blockchain with DBFT consensus and SEVM), supported by the Vine Developer Portal for documentation. Key modules include Receptor (identity/accountability protocol), Verifiable Credentials, and the Asset Tokenisation Framework enabling structured products. Project Acacia represents the company's RBA-backed initiative for tokenised asset markets. The ecosystem uses RBNT (native token) for gas fees, staking, and governance. Node operation is integral to network participation with candidate and governor node roles.
Differentiator
Problem solved
Functional benefit
Brands
- Vine: Redbelly Network developer portal providing documentation, SDKs, and developer resources.
- Project Acacia
Products and services
- Redbelly Network Platform A patented scalable Layer 1 public blockchain optimised for compliant real-world asset tokenisation. Combines DBFT consensus with a scalable EVM implementation, super block optimisation, predictable gas fees, and the Receptor accountability protocol. Provides infrastructure for issuing, managing, and distributing regulated digital financial assets to a global investor base.
- Vine Developer Portal The official developer documentation and portal for building on Redbelly Network. Provides guides for smart contract development, node operation, identity protocols, consensus mechanisms, and network environments (Mainnet, Testnet).
- Receptor ID Protocol A layer-1 accountability protocol that ensures all network participants are verified. Facilitates on-chain compliance mechanisms and enables known network participation as the cornerstone of accountability.
- Verifiable Credentials Service On-chain identity and eligibility verification system enabling compliant participation in tokenised asset transactions while maintaining regulatory compliance. Supports credential issuance and verification for network participants.
- Asset Tokenisation Framework Infrastructure enabling asset issuers to tokenise and trade compliant on-chain structured products including treasuries, bonds, private credit, carbon credits, derivatives, commodities, insurance, and real estate.
- Project Acacia Smart ABS Pilot A collaborative research initiative with the Reserve Bank of Australia exploring tokenised asset markets. Redbelly is the only public blockchain selected to transact natively issued central bank money in a regulated pilot. The Smart ABS Pilot demonstrates tokenisation of a real-world asset-backed security (the Wisr Freedom Trust 2025-1, AUD $250 million).
- Node Operator Service Infrastructure for running Redbelly Network nodes including governance participation. Nodes are split into candidates (awaiting rotation) and governors (participating in consensus). Includes staking requirements (100,000 RBNT), rewards, and governance mechanisms (chilling, jailing, tombstoning). Governed by a Node Hosting Agreement.
- RBNT (Redbelly Network Token) The native cryptocurrency of the Redbelly Network, used for transaction fees (gas), staking (100,000 RBNT required for node participation), and governance incentives. Transaction fees are stable in USD terms. Listed on CoinGecko and CoinMarketCap.
- Node Operator Staking Programme Node operators contribute networking, compute, and storage resources to process transactions and maintain the network. Operators receive staking rewards in RBNT. Governors receive twice the fee portion of candidates. Fees are also shared among Governors, Candidates, Identity Partners, and the Redbelly DAO.
Quantifiable outcome
- AUD $250 million structured investment trust digitised as live digital twin under Project Acacia
- +2 more outcomes
Companies that use RedBelly Network
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
RedBelly Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature7 records
RedBelly Network partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- Wisr Limited (ASX: WZR)flagshipWisr, as part of the Project Acacia consortium, launched a pilot use case to demonstrate tokenisation of a real-world asset-backed security (ABS). The Smart ABS Pilot mirrors a live digital twin of the Wisr Freedom Trust 2025-1, a structured investment trust backed by AUD $250 million of personal loans. Wisr CEO Andrew Goodwin stated tokenisation can improve transparency, liquidity, and efficiency of capital markets.
- NotCentralisedflagshipNotCentralised acts as lead structurer and financial engineer of complex tokenised institutional financial transactions on public blockchains within the Project Acacia Smart ABS Pilot. CEO Arturo Rodriguez highlighted enhancing anti-fragility of debt markets by securely compressing time to deal as the core design principle.
- AMAL, part of IQ-EQcoreAMAL provides fiduciary anchor and trustee services within the Project Acacia Smart ABS Pilot, acting as the trusted bridge between legal enforceability and digital execution. Chief Product Officer Luke Andersen described how the collaboration showcases digital asset infrastructure for scale, automation, and new market opportunities.
- Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC)flagshipProject Acacia is a research initiative by the RBA and DFCRC exploring how different forms of digital money can support wholesale tokenised asset markets in Australia. Redbelly Network is shortlisted to participate as the only public blockchain to transact natively issued central bank money in a regulated pilot globally. Redbelly provides high-performance deterministic infrastructure for the Smart ABS Pilot.
- HutlyflagshipHutly and Redbelly partnered to tokenise $1.8B of rent rolls, as featured in a case study on the Redbelly Network website. This demonstrates commercial real estate tokenisation capabilities and represents a major contract win for the platform.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
RedBelly Network competitors and assessment
Company assessmentDirect peers
- Ava Labs (Avalanche): Avalanche is an EVM-compatible L1 marketing sub-second finality, customisable subnets, and a dedicated RWA tokenisation narrative (AvaCloud, institutional partnerships). Closely aligned with Redbelly's compliant-asset issuance focus and deterministic-finality messaging.
- R3 (Corda): Corda is an enterprise DLT platform used by major banks and asset originators for tokenised assets and syndicated workflows. Competes with Redbelly for the same institutional RWA issuer mandates Redbelly targets via Project Acacia.
- Hedera (Hedera Hashgraph, HBAR Foundation): Hedera is an enterprise-grade distributed ledger with hashgraph consensus and council-governed validator set, targeting regulated tokenisation and institutional use cases. Comparable to Redbelly's DBFT-style BFT consensus and council/governor governance model.
- Stellar Development Foundation: Stellar is an L1 purpose-built for tokenising financial assets (bonds, stablecoins, payments) with a strong institutional and regulated-issuer focus. Directly comparable to Redbelly's asset tokenisation positioning across treasuries, bonds, and structured products.
- Polygon Labs: Polygon operates EVM-compatible L1/L2 infrastructure with a strong push into RWA tokenisation and institutional finance via Polygon PoS and Polygon CDK. Direct overlap with Redbelly's EVM-compatible, compliance-oriented L1 thesis for tokenised real-world assets.
Broad incumbents
- Ethereum Foundation: Ethereum is the default EVM-compatible L1 in which most RWA tokenisation activity is currently settled, and the compatibility reference for Redbelly's SEVM. Broad incumbent whose L2s (and L1 itself) constitute the principal competitive backdrop for any institutional RWA chain.
- Ripple (XRP Ledger): Ripple and the XRP Ledger target institutional cross-border payments and tokenisation of regulated financial assets, with enterprise sales motion and compliance tooling. Adjacent incumbent comparable to Redbelly's regulated-asset infrastructure ambition.
- Hyperledger Foundation (Linux Foundation): Hyperledger hosts enterprise blockchain frameworks (Fabric, Besu, Iroha) widely used by financial institutions for permissioned asset tokenisation. Represents the incumbent permissioned alternative Redbelly competes against in regulated-asset pilots.
Regional players
- Klaytn Foundation (Klaytn / Ground X): Klaytn is an EVM-compatible L1 originally built by Ground X (Kakao) with a documented institutional-asset and tokenisation focus across Asia. Regionally adjacent peer facing similar banking and regulated-issuer sales environments.
Emerging players
- Aptos Labs: Aptos is a newer Move-based L1 pursuing institutional RWA tokenisation partnerships (including with financial-institution consortia). Emergent peer competing for the same institutional RWA issuer mindshare as Redbelly.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
RedBelly Network social profiles
Digital presenceRedBelly Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
RedBelly Network leadership team
Management profileNumber of profiles
Profiles2 records
RedBelly Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RedBelly Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RedBelly Network
What does RedBelly Network do?
RedBelly Network operates a patented scalable Layer 1 public blockchain optimised for compliant real-world asset tokenisation. The platform combines DBFT consensus with a Scalable EVM (SEVM), the Receptor accountability protocol, and FAST CC blockspace design to enable asset issuers to tokenise and trade compliant on-chain structured products such as treasuries, bonds, private credit, carbon credits, derivatives, commodities, insurance, and real estate. Monorevenue is generated through transaction/gas fees and node operator staking rewards, with node operators required to stake 100,000 RBNT to participate in consensus.
Is RedBelly Network a public or private company?
RedBelly Network is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RedBelly Network founded?
RedBelly Network was founded in 2020. It employs 11 to 50 people.
Where is RedBelly Network based?
RedBelly Network is headquartered in Sydney, Australia, in the Oceania region.
How does RedBelly Network make money?
Two revenue lines are on record. Transaction/Gas Fees are the primary driver. The others are node Operator Staking Rewards.
Who are RedBelly Network's main competitors?
Direct peers on record are Ava Labs (Avalanche), R3 (Corda), Hedera (Hedera Hashgraph, HBAR Foundation), Stellar Development Foundation and Polygon Labs. Broad incumbents are Ethereum Foundation, Ripple (XRP Ledger) and Hyperledger Foundation (Linux Foundation). Klaytn Foundation (Klaytn / Ground X) is listed as a regional player. Aptos Labs is listed as an emerging player.
Does RedBelly Network have an API?
Yes. Redbelly Network provides a public RPC API for developers to interact with the blockchain. Developers can connect using MetaMask or other EVM-compatible wallets. The platform supports smart contract deployment and interaction via Remix IDE. Network environments include Mainnet (Chain ID 151, RPC: https://governors.mainnet.redbelly.network) and Testnet (Chain ID 153, RPC: https://governors.testnet.redbelly.network). Gas fees are fixed in US dollar terms. The Vine Developer Portal provides documentation for building on the network. Developer documentation is at vine.redbelly.network.
What industry is RedBelly Network in?
RedBelly Network's product category is Enterprise Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAAAG, MEV, Sequencing & Transaction Supply Chain (builders, searchers, PBS, auctions), with a secondary code of FSAPAIAH, Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting). Its NAICS code is 522320 and its SIC code is 6200.