Regulated Decentralised Finance

What Regulated Decentralised Finance does

Regulated Decentralised Finance Ltd (ReDeFi) is a London-based financial market infrastructure platform incorporated in England and Wales and registered with the UK Financial Conduct Authority as a cryptoasset firm (RRN 849446). The company provides regulated tokenised deposit infrastructure to banks, financial institutions (FX, remittance, and payment processors), centralised cryptocurrency exchanges, and government or central-bank-adjacent entities seeking compliant onchain money rails. Its flagship product, Onchain Money, is a tokenised deposit system that mirrors fiat currencies (GBP, EUR, USD) onchain at 1:1 parity, preserving the 'singleness of money' principle in contrast to offshore stablecoins.

ReDeFi operates a dual-layer blockchain architecture. The Layer 1 is a Substrate-based, EVM-compatible public blockchain used for global settlement and powered by the $BAX token. The Layer 2 is a privacy-focused, permissioned sidechain designed for institutional transaction confidentiality and powered by the $RED token. Supporting components include Mirrored Bank Accounts (providing sort code, account number, IBAN, and SWIFT compatibility synchronized with blockchain smart contracts), a Legacy Bridge API that connects existing core banking ledgers without requiring replacement, and embedded KYC/AML via SumSub plus transaction monitoring via Chainalysis. The BABB consumer app serves as the first live use case for Onchain Money.

The company monetises through transaction fees in $RED (L2) and $BAX (L1), with portions directed to the protocol treasury and to validators and nominators, supplemented by token sale events (private sale, Tokensoft presale, and IDO/IEO) and validator staking economics. Its go-to-market combines enterprise field sales to regulated institutions with channel partnerships — ClearBank and Modulr as native payment infrastructure partners and BitMart, KuCoin, and Bitstamp as distribution exchanges. The company is privately held, with 11-50 employees, and was founded circa 2017–2018 within the BABB Group ecosystem (origin firmographics report 2023 as the ReDeFi-specific entity year).

Name

Regulated Decentralised Finance

Legal name

Regulated Decentralised Finance Ltd

Website

https://redefi.world

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

ReDeFi is a London-based regulated financial market infrastructure platform operating a dual-layer blockchain that enables banks and financial institutions to issue, transfer, and settle tokenised fiat deposits across traditional banking rails and public networks.

Ownership category

akta.pro rank

Product category

Financial Market Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)

akta.pro secondary industries

Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE), Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO)

Keywords

• Financial market infrastructure
• Tokenized deposit systems
• Blockchain payment rails
• Regulated digital assets
• Central bank settlement

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Network Transaction Fees (L2): Every transaction or dApp interaction on the ReDeFi L2 network uses $RED as payment, compensating validators who secure the network. Transaction fees are initially set as a percentage of transaction value and adjusted over time based on network usage and demand. Revenue is allocated to protocol Treasury initially, then strategically distributed to ecosystem projects, validators, nominators, and token holders.
2. Network Transaction Fees (L1 - BAX): $BAX is used to pay for transaction fees on the ReDeFi L1 blockchain. 50% of fees generated by the network flow to the treasury to support ecosystem longevity and continuous development, while 50% are redistributed to nominators (delegators) and validators.
3. Onchain Money Settlement Services: Revenue is generated through near-instant, cross-border B2B and B2C transactions facilitated by Onchain Money. The platform reduces costs by eliminating intermediaries, correspondent banks, and clearing houses, charging only minimal network fees compared to traditional wire transfer costs (e.g., traditional B2B cross-border payments can cost $415+ in fees per transaction).
4. Staking and Validator Rewards: Holders can delegate $RED to validators or run their own validator nodes to secure the network, earning rewards. Staking tokens (12.5% of total supply) are reserved for rewards to validators/nominators, released linearly over 48 months.
5. Token Sale Events: Revenue generated from initial token sales including Private Sale (1.5% allocation, 1,500,000 RED), Launchpads/Pre-Sale via Tokensoft (5%), and Main Sale IDO/IEO (3%). Any unsold tokens circle back to the Ecosystem/Community allocation.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Regulated Decentralised Finance (ReDeFi) operates a financial market infrastructure platform built on a hybrid Layer 1 / Layer 2 blockchain that enables tokenized deposits (Onchain Money) mirroring fiat currencies on a 1:1 basis for use by banks and regulated financial institutions. The platform supports near-instant cross-border settlement, programmable compliance, and legacy system integration via a Legacy Bridge API for central banks, banks, payment service providers, exchanges, and remittance operators.

Product overview

ReDeFi (Regulated Decentralised Finance Ltd) is a Financial Market Infrastructure platform operating as both a Layer 1 blockchain and Layer 2 sidechain, with Onchain Money as its flagship product. The platform enables banks and financial institutions to mirror and transact tokenised fiat deposits on-chain through a compliant 7-step process. The Layer 1 (powered by $BAX token) provides the foundational blockchain infrastructure with EVM compatibility, while the Layer 2 (powered by $RED token) delivers scalability and privacy features. The Mirrored Bank Account feature bridges traditional banking with blockchain, and the Legacy Bridge API connects existing core banking systems. ReDeFi maintains FCA registration (RRN 849446) under UK Money Laundering Regulations.

Differentiator

Problem solved

Functional benefit

Brands

• Onchain Money: The world's first tokenised deposit system that mirrors fiat currencies (GBP, EUR, USD) on-chain, providing seamless bridge between traditional and decentralised finance while preserving the 'singleness of money' principle.
• $BAX Token
• $RED Token

Products and services

• Onchain Money
• ReDeFi Layer 1 Blockchain (BAX)
• ReDeFi Layer 2 Privacy Network
• BABB App

Quantifiable outcome

• Cross-border B2B transaction fees reduced from $415+ per transaction (traditional) to network fees of a fraction of a cent
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• ClearBankcoreStrategic or Co-development PartnerClearBank is ReDeFi's flagship institutional partner and the first regulated bank testing and integrating Onchain Money in their existing infrastructure. As a long-term partner of BABB (and therefore ReDeFi), ClearBank provides regulated banking rails that natively support ReDeFi's onchain money settlement. Together with Modulr, ClearBank forms ReDeFi's core payment infrastructure partnerships for the Banks On Chain era.
• ModulrcoreStrategic or Co-development PartnerModulr is a payment infrastructure partner of ReDeFi, providing payment rails alongside ClearBank for the ReDeFi ecosystem. As native partners of ReDeFi, Modulr and ClearBank ensure that each transaction through the Onchain Money system is secure and compliant with financial regulations.
• SumSubcoreTechnology or IntegrationSumSub provides KYC (Know Your Customer) and identity verification services for ReDeFi's platform. All ReDeFi environment users undergo KYC verification through SumSub, ensuring compliance with AML/KYC regulations and strengthening the anti-money laundering framework of the Onchain Money ecosystem.
• ChainalysiscoreTechnology or IntegrationChainalysis provides blockchain analytics and compliance solutions for ReDeFi, enabling transaction monitoring and regulatory compliance across the platform. As part of ReDeFi's compliance infrastructure, Chainalysis helps ensure that onchain transactions are traceable, auditable, and meet regulatory standards.
• BABB Company LtdcoreStrategic or Co-development PartnerBABB Company Ltd is the entity that issues the REDEFI token ($RED), incorporated in the British Virgin Islands (Company No. 2107437). BABB Company Ltd is part of the BABB Group ecosystem alongside ReDeFi and BABB Group Ltd, the original developer of the platform. The BABB app serves as the first use case for Onchain Money.
• TokensoftminorChannel Partner/ Reseller/ DistributorTokensoft is the launchpad platform for the pre-sale of $RED tokens, hosting the 5,000,000 RED token pre-sale allocation (5% of total supply). Registration portal opened on 1st July 2024 with a linear release over 6 months.
• BitMartminorChannel Partner/ Reseller/ DistributorBitMart is listed among ReDeFi's partner exchanges on the homepage, indicating a distribution partnership for token availability and exchange listing purposes for the $RED and $BAX tokens.
• KuCoinminorChannel Partner/ Reseller/ DistributorKuCoin is listed among ReDeFi's partner exchanges on the homepage, indicating a distribution partnership for token availability and exchange listing purposes for the $RED and $BAX tokens.
• BitstampminorChannel Partner/ Reseller/ DistributorBitstamp is listed among ReDeFi's partner exchanges on the homepage, indicating a distribution partnership for token availability and exchange listing purposes for the $RED and $BAX tokens.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Stripe: Dominant global payments infrastructure provider now building stablecoin and onchain settlement rails (Bridge acquisition, USDC integrations). Comparable to ReDeFi in cross-border payments but at vastly larger scale, and increasingly competitive in tokenised settlement.
• Polygon Labs: Major L2 blockchain infrastructure provider with a payments-focused offering (Polygon PoS, Polygon CDK). Comparable to ReDeFi's L2 layer and increasingly competes in regulated institutional settlement and CBDC adjacent pilots.
• Algorand: Enterprise-focused L1 blockchain with payments and tokenisation use cases, used in CBDC and bank pilots. Comparable to ReDeFi's L1 layer and overlaps in the regulated onchain finance market.
• Kinexys by JPMorgan (formerly Onyx): JPMorgan's institutional blockchain unit offering tokenised deposits and on-chain wholesale settlement. Directly comparable product offering to ReDeFi's Onchain Money, but backed by a global systemically important bank.

Emerging players

• Fireblocks: Institutional digital-asset custody, settlement, and tokenisation platform serving banks and fintechs. Comparable to ReDeFi in serving regulated institutions moving money on-chain, with overlap in tokenisation and cross-border settlement infrastructure.
• Hedera Hashgraph: Enterprise-grade distributed ledger (governed by major corporates) used for tokenisation, payments, and CBDC pilots. Comparable to ReDeFi in regulated institutional onchain use cases, with stronger governance council backing.

Direct peers

• Circle: Issuer of USDC, the leading regulated dollar stablecoin. Circle competes directly with ReDeFi in regulated tokenised money for banks and institutions, but operates a single-asset stablecoin model rather than multi-currency tokenised deposits.
• Fnality International: Consortium-backed (major global banks) wholesale settlement utility using tokenised central bank money for interbank payments. The most direct institutional competitor to ReDeFi's Onchain Money model, though bank-owned rather than vendor-supplied.
• Ripple: Provider of XRP-based cross-border payment infrastructure for banks and payment providers. Directly competes with ReDeFi on the cross-border B2B payments use case, though Ripple is a non-bank token whereas ReDeFi focuses on bank-issued tokenised deposits.
• Paxos: Regulated stablecoin issuer (USDP, PYUSD) and tokenisation platform with NYDFS oversight. Directly comparable to ReDeFi in offering bank-grade, regulated digital dollars and tokenisation services for financial institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ReDeFi_World
• YouTubeyoutube.com/babbtv
• LinkedInlinkedin.com/company/redefi-world
• Facebookfacebook.com/redefi.world

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Regulated Decentralised Finance