Rayls
Rayls is a London-headquartered blockchain infrastructure company combining private permissioned Privacy Nodes with a public EVM Layer-1 to serve banks, fintechs, asset managers, and central banks seeking compliant tokenization, private settlement, and DeFi access.
- Company typePrivate
- Founded2024
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Rayls does
Rayls is a blockchain infrastructure company headquartered in London that builds a hybrid "UniFi" architecture combining private permissioned EVM chains (Privacy Nodes and VENs) with a public permissionless EVM Layer-1 (Rayls Public Chain), connected via a proprietary cross-chain messaging protocol. The platform serves banks, fintechs, asset managers, and central banks seeking to tokenize assets, settle cross-border payments, and access DeFi liquidity while preserving privacy and regulatory compliance. Core proprietary components include the Enygma privacy protocol (zero-knowledge proofs combined with post-quantum cryptography for confidential yet auditable transfers), the Axyl consensus mechanism delivering 10,000+ TPS with sub-second finality, the USDr stablecoin used for predictable USD-pegged gas fees, and an SDK for cross-chain Solidity applications.
The product surface spans the Rayls Public Chain (Chain ID 72957, mainnet launched April 30, 2026), institution-operated Privacy Nodes deployed within customer infrastructure, permissioned Private Networks (VENs) for multi-party private settlement, the Rayls Swap DEX built on Algebra Integral, LayerZero cross-chain bridging to 120+ chains, and Lagoon Finance institutional vaults. The platform is validated by selection as the privacy solution for the Brazilian Drex CBDC (Phase 1 tested across 16 banks including Banco do Brasil, Itaú Unibanco, Bradesco, BTG Pactual, Santander, Nubank, and CAIXA), inclusion in J.P. Morgan's Kinexys Project EPIC, and the Mastercard Crypto Partner Program.
Rayls monetizes through multiple enterprise streams: Privacy Node licensing and deployment, transaction fees on the Public Chain (paid in USDr stablecoin), distribution revenue when tokenized bank assets flow to public secondary markets, liquidity provision economics for institutional market makers, and stablecoin infrastructure fees from issuers such as XP Inc.'s USDXP (which issued $300 million in its first week in March 2026). Enterprise pricing is quote-based, while public-chain gas is usage-based in USDr. The company has raised $32.3 million cumulatively, including a $10 million Series A first close led by ParaFi Capital in August 2024 with Mastercard, Framework Ventures, L4 Venture Builder, and Núcleoa participating.
Rayls firmographics
Firmographics- Name
- Rayls
- Legal name
- Rayls
- Website
- https://rayls.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Rayls is a London-headquartered blockchain infrastructure company combining private permissioned Privacy Nodes with a public EVM Layer-1 to serve banks, fintechs, asset managers, and central banks seeking compliant tokenization, private settlement, and DeFi access.
- Ownership category
- akta.pro rank
Rayls industry classification
Industry- Product category
- Enterprise Blockchain Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
- akta.pro secondary industries
- Liquidity Bridges & Cross-Chain Swaps (bridge aggregators, intent-based swaps) (FSAPAKAC), Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions) (FSAGAMAH)
Keywords
Where Rayls is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Rayls business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Transaction Fees on Public Chain: Network collects transaction fees denominated in USDr stablecoin for processing on the Rayls Public Chain. Fees are predictable (USD-pegged) and scale with network activity.
- Privacy Node Licensing: Financial institutions and fintechs pay to deploy and operate Rayls Privacy Nodes within their own infrastructure. Nodes enable private tokenization, internal workflows, and cross-institution transactions.
- Distribution Revenue for Banks: Banks issuing tokenized assets through Privacy Nodes earn distribution revenue when those assets flow to public chain secondary markets. Revenue attached to the gateway between private institutional venues and global DeFi liquidity.
- Liquidity Provision: Institutions providing two-way liquidity into vaults, AMMs, and orderbook venues earn spread and inventory carry. Deepest liquidity sits with institutions holding underlying assets from stablecoin and tokenized asset flows.
- Privacy Node Fee Conversion: Institutions paying transaction fees in fiat through Rayls Foundation OTC partner create revenue line for OTC counterparties handling fiat-to-USDr-to-RLS conversion.
- Stablecoin Infrastructure: Infrastructure fees from stablecoin issuers (like USDXP from XP Inc.) using Rayls for issuance, settlement, and cross-border payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Public Chain transaction fees in USDr stablecoin |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels10 records
Rayls product offering
Product offeringCore offering
Rayls is a hybrid blockchain infrastructure platform that combines private permissioned EVM chains (Privacy Nodes operated by individual institutions) with a public permissionless EVM Layer-1 (Rayls Public Chain), connected through a proprietary cross-chain messaging protocol. It sells deployable Privacy Node infrastructure, Private Networks (VENs) for multi-party institutional workflows, and access to the Public Chain with built-in compliance, privacy (Enygma protocol), and stablecoin-denominated gas (USDr), enabling banks, fintechs, and asset managers to tokenize assets and access DeFi liquidity while preserving regulatory controls.
Product overview
Rayls is a blockchain ecosystem combining private permissioned infrastructure with public DeFi accessibility (UniFi approach). The core offerings include: Rayls Public Chain (EVM Layer-1 for institutional blockchain liquidity), Rayls Privacy Node (institution-operated private EVM ledger), and Rayls Private Networks/VENs (permissioned multi-party networks with ZK privacy). The ecosystem supports tokenization use cases via Privacy Nodes, cross-chain transfers via LayerZero integration, and DeFi trading via Rayls Swap DEX built on Algebra. Key token products include USDr (stable gas token) and $RLS (governance/staking token). The platform targets financial institutions for tokenized assets, cross-border payments, CBDC, and institutional DeFi access.
Differentiator
Problem solved
Functional benefit
Products and services
- Rayls Public Chain EVM-compatible Layer-1 blockchain connecting private financial networks to global DeFi liquidity. Features Axyl consensus with over 10,000 TPS and sub-second finality, USD-pegged gas fees via USDr, and built-in privacy and compliance. Designed for institutional adoption, with mandatory KYC for all public chain participants.
- Rayls Privacy Node Sovereign EVM-compatible chain operated by a single institution within its own infrastructure. Includes EVM node, Relayer, Key Management Module, and NATS JetStream messaging. Enables issuing tokens (ERC-20, ERC-721, ERC-1155), running smart contracts, and transacting privately with peer institutions. Serves as a tokenized core banking system with ledger, database, and business logic.
- Rayls Private Networks (VEN) Permissioned EVM blockchain networks connecting multiple Privacy Nodes with a Commit Chain messaging layer for multi-party institutional workflows. Enable participants to exchange tokens privately using zero-knowledge and homomorphic cryptography while maintaining regulatory compliance. Compatible with CBDC, tokenization, financial market infrastructure settlements, and cross-border FX use cases.
- Rayls Swap Official decentralized exchange on the Rayls Public Chain, built on Algebra Integral CLAMM technology. Enables self-serve trading of tokenized assets bridged from Privacy Nodes, yield-bearing vault tokens, and other onchain assets against USDr and RLS pairs with dynamic fees and modular plugin architecture.
- Rayls SDK Software development kit (@rayls/contracts NPM package) for TypeScript and Solidity developers. Provides abstract Solidity contracts (Solidity ^0.8.20) including RaylsApp for cross-chain messaging, RaylsErc20Handler, RaylsErc721Handler, RaylsErc1155Handler, RaylsEnygmaHandler, and DvP handlers for ERC721/1155. Enables developers to build cross-chain applications, token systems, and Delivery vs Payment settlement mechanisms on Rayls Privacy Nodes and Public Chain.
Quantifiable outcome
- 10,000+ TPS throughput
- +5 more outcomes
Companies that use Rayls
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles4 records
Rayls technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature8 records
Rayls partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered flagship customer, core integration, core technology partner, strategic, product partner, ecosystem, security audit partner, market validation and flagship government partner.
- XP Inc.flagship customerBrazil's largest investment platform with ~$400B in client assets. Launched USDXP stablecoin on Rayls in March 2026 with $300M issued in first week. Production deployment at mainnet launch.
- AmFiflagship customerLandmark partnership to tokenize $1B+ in real-world assets by mid-2027. Production deployment at mainnet launch with focus on RWAs.
- LayerZerocore integrationCross-chain bridge integration connecting Rayls Public Chain to 120+ other blockchains via LayerZero's omnichain infrastructure. Bridge live June 2026.
- Algebracore technology partnerBuilt Rayls Swap official DEX on Algebra Integral CLAMM technology. Algebra powers 100+ production DEXs and provides modular concentrated liquidity AMM infrastructure.
- Animoca BrandsstrategicMOU for RWA tokenization collaboration using Rayls infrastructure. Partnership aims to unlock trillions in global real-world assets through NUVA platform.
- Lagoon Financeproduct partnerInstitutional-grade vaults for Rayls Public Chain enabling yield-bearing asset distribution to suitable investors.
- AccentureecosystemListed in Rayls ecosystem of partners, dApps, validators, and builders.
- TetherecosystemListed in Rayls ecosystem partners. Stablecoin provider integration.
- BISecosystemBank for International Settlements listed as ecosystem partner. BIS Innovation Hub projects involving DLT.
- Halbornsecurity audit partnerConducted comprehensive security assessment reviewing ~60,000 lines of code across smart contracts, consensus, Layer 1, privacy protocols, and cryptographic systems.
- J.P. Morgan (Project EPIC)market validationRayls selected for Kinexys by J.P. Morgan's Project EPIC, exploring privacy and identity solutions for institutions.
- Banco Central do Brasil (Bacen)flagship government partnerSelected by Bacen as privacy solution for Drex, Brazilian CBDC. Phase 1 testing with 16 banks completed September 2024. Phase 2 and Phase 3 ongoing.
- LimeChainecosystemListed in Rayls ecosystem. Blockchain development services partner.
- Linux Foundation Decentralized TrustecosystemRayls Foundation joined Linux Foundation Decentralized Trust to strengthen blockchain technology and innovation.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
Rayls competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Rayls social profiles
Digital presenceRayls compliance and trust
Trust signalCompliance2 records
Rayls financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rayls leadership team
Management profileNumber of profiles
Rayls funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rayls 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 Rayls
What does Rayls do?
Rayls is a hybrid blockchain infrastructure platform that combines private permissioned EVM chains (Privacy Nodes operated by individual institutions) with a public permissionless EVM Layer-1 (Rayls Public Chain), connected through a proprietary cross-chain messaging protocol. It sells deployable Privacy Node infrastructure, Private Networks (VENs) for multi-party institutional workflows, and access to the Public Chain with built-in compliance, privacy (Enygma protocol), and stablecoin-denominated gas (USDr), enabling banks, fintechs, and asset managers to tokenize assets and access DeFi liquidity while preserving regulatory controls.
Is Rayls a public or private company?
Rayls is a private company. It is classified as venture growth investor backed and is currently operating.
When was Rayls founded?
Rayls was founded in 2024. It employs 11 to 50 people.
Where is Rayls based?
Rayls is headquartered in London, United Kingdom, in the Europe region.
How does Rayls make money?
Six revenue lines are on record. Transaction Fees on Public Chain is the primary driver. The others are privacy Node Licensing, distribution Revenue for Banks, liquidity Provision, privacy Node Fee Conversion and stablecoin Infrastructure.
Does Rayls have an API?
Yes. Rayls provides a software development kit (SDK) for developers to build decentralized applications that interact with the Rayls protocol. The @rayls/contracts NPM package (current version: 2.6.3-nightly.2) contains abstract Solidity contracts including RaylsApp for cross-chain messaging, RaylsErc20Handler for ERC20 token teleportation, RaylsErc721Handler for NFT teleportation, RaylsErc1155Handler for multi-token support, RaylsEnygmaHandler for settlement currency with batch cross-chain transfers and DvP, and DvP handlers for ERC721 and ERC1155. The SDK supports Solidity with pragma ^0.8.20 and provides cross-chain communication, endpoint management, and resource registration functionalities. Documentation available at docs.rayls.com. Developer documentation is at docs.rayls.com.
What industry is Rayls in?
Rayls's product category is Enterprise Blockchain Infrastructure. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSAPAKAC, Liquidity Bridges & Cross-Chain Swaps (bridge aggregators, intent-based swaps). Its NAICS code is 518 and its SIC code is 6200.