The $RLS flywheel starts with real institutional activity on Rayls. → Institutions use Rayls → Network activity generates fees → Fees are used to buy $RLS from the open market → 50% of purchased $RLS is permanently burned → The remaining 50% flows into the Network Security Pool → The pool supports validators and ecosystem growth As institutional usage grows, more fees flow through the mechanism, increasing $RLS burns while strengthening network security. Track network activity, fee flows, and $RLS burns through the Rayls Transparency Portal:

Something big is coming to Rayls. On 15th October, Rayls Vaults go live. We’re starting with AmFi-powered receivables, following the extended agreement reached during Febraban Tech. More details on the Vaults, the assets, and what’s next will be revealed over the coming days. Stay tuned.

One of the advantages of travelling as much as I have this year is that you start to see the differences between markets that can be difficult to pick up from a distance. So far, I’ve spent time in El Salvador, Hong Kong, Korea and Brazil, meeting investors, banks, asset managers, regulators and potential partners. The most interesting part has been seeing how differently each market is approaching the same transition. We started the year in El Salvador at Tether’s Plan B Forum and the Tether event. We spent the week meeting institutions and potential partners across LATAM. There is a growing focus on where digital assets fit into existing financial markets rather than treating them as a separate ecosystem. Hong Kong offered a different perspective. At Consensus, we hosted a discussion with Animoca Brands and Alumni Ventures around Rayls Commodity Vaults and met investors looking at Brazilian tokenized assets. What stood out to me was the importance of market structure. The capital is there, the interest is there, but building in Asia requires a much deeper understanding of the local financial ecosystem and how institutions actually operate within it. Korea has probably been the clearest example of accelerating institutional interest. I made two trips this year, initially focused on investor relationships and later around Bitcoin and the broader digital asset market. I spent time with banks, asset managers, VCs and financial institutions, both at the conference and in their offices. The conversations were notably more practical than they were a few years ago. There is a clear desire to understand the regulatory direction, the infrastructure being built and which partners can help institutions move from exploration to implementation. Korea is also moving quickly on tokenization, which makes the market particularly relevant to what we are building at Parfin and Rayls. Brazil provides an interesting contrast. Blockchain Rio has grown significantly, and it is increasingly attracting participants from outside the country. Having grown up in Rio and attended four editions, it has been interesting to watch the event, and the ecosystem around it. Febraban Tech was probably the clearest indicator of how far the Brazilian market has come. We had one of our largest presences yet alongside Tether, launched Rayls Sovereign, and spent three days meeting banks, regulators, and financial institutions. Parfin and Rayls are now known quantities across much of the Brazilian financial sector. We are no longer spending the first part of every meeting explaining who we are or why this infrastructure matters. The discussion is increasingly about implementation, use cases, and how institutions can deploy it. That is a meaningful change. Across these markets, I’m seeing the same broad direction but very different paths to get there. Regulation, existing financial infrastructure, institutional readiness and local market dynamics are all determining the pace of adoption. That makes being on the ground increasingly important. The difference between a market that is genuinely moving and one that is simply generating headlines becomes much easier to identify when you are speaking directly with the institutions involved. There is plenty more data to gather. Korea Blockchain Week is next, followed by a packed conference season across Asia, LATAM and other key financial markets. The next few months should provide an even better read on which institutional use cases are moving from narrative to real adoption, and where the infrastructure requirements are beginning to take shape.

55% boosted staking is officially closed. When we launched a 55% APY staking opportunity, the goal was simple: get $RLS into the hands of the people who wanted to help build and secure Rayls from the very beginning. The response was stronger than we could have hoped for. We thank everyone who participated in this campaign. You took a chance on Rayls early. You locked your $RLS, supported the network, and helped turn the first phase of staking into a reality. Starting tomorrow, your boosted staking position will transfer to the ~18% APY staking. By continuing to delegate your $RLS, you can: → Help secure the Rayls Public Chain → Support the network’s validator set → Continue earning staking rewards We look forward to seeing more of the community put their $RLS to work securing the network.

We’re teaming up with our friends at @CNPYNetwork. Canopy is building the infrastructure that helps enterprises and developers bring onchain products to market faster. Together, we’ll be running community growth and education campaigns around the key milestones ahead for both ecosystems. Plenty more to come; stay tuned.

A great week in São Paulo 🇧🇷 Proud to have been at @FEBRABANTECH alongside Tether and Parfin, meeting customers, partners, and institutions from across Brazil’s financial ecosystem. And a particularly special one for Rayls, with the launch of Rayls Sovereign and the response it received throughout the event. We’ll be back for the next edition.

Marcos spoke with @valoreconomico at Febraban Tech about how the financial industry is embracing blockchain. From a time when banks couldn’t openly talk about crypto to a world where stablecoins, tokenization, and digital assets are becoming part of the conversation. A shift we’ve seen firsthand, and one we’re proud to be helping drive at Rayls.

That’s a wrap, @FEBRABANTECH 🇧🇷 Three packed days at the booth with Parfin and Tether, with packed panels, partner meetings, and plenty of conversations about bringing finance onchain. Proud to have Rayls Sovereign at the center of it all. Until the next stop🚊

We’re kicking off a new Rally campaign with the community to explore Rayls Sovereign. Choose one clear angle, dig into the details, and explain what you learn in your own words. You can focus on what Sovereign is, how its architecture works, or what it enables for financial institutions in practice 🚊

AmFi is at the forefront of bringing private credit and real-world assets onchain, with over $1.2 billion in assets tokenized to date. At Febraban Tech, AmFi and Rayls aligned on the next phase of what we’re building together, bringing more real-world financial activity onchain. More to be announced soon 🔔

Day two at @FEBRABANTECH Rayls Sovereign is out in the world, and we’ve been walking people through what we’ve built and seeing the reactions firsthand. Safe to say, it’s been a busy one 🚊

The wait for institutional-grade blockchain infrastructure is over. Today, we’re launching Rayls Sovereign: A private blockchain that gives each financial institution its own sovereign ledger. It runs inside the institution’s own perimeter, integrates with existing banking and treasury systems, and connects to private networks and public liquidity. The underlying platform has been in production since June 2024, with 30+ financial institutions installing and using it across tokenised deposits, stablecoins, tokenised assets, and regulated settlement.

A few moments from yesterday at @FEBRABANTECH Day one was busy, with our booth with Parfin and Tether right in the middle of it all And today, we unveil what we’ve been building for the future of institutional finance 🚆

A great day spent with the Rayls community in São Paulo 🇧🇷 Thank you to everyone who joined us for conversations around institutional adoption, privacy, and the infrastructure needed to bring financial activity onchain. Today, we head to @FEBRABANTECH with Parfin and Tether. The financial sector’s biggest conversations on technology, innovation, and the future of finance are happening here. We’re here for all three days, and we’ve got something special in store. Stay tuned 🔔

Scaling institutional finance onchain Offering infrastructure built for production Verifying every layer with privacy and compliance in mind Enabling tokenised money and assets to move onchain Reducing the barriers b/w blockchain and financial institutions Equipping banks with greater control over their onchain infrastructure Integrating real financial use cases into production environments Giving institutions the rails to issue and settle onchain Normalising blockchain as financial infrastructure This week 🔔

What does one of Latin America's largest investment platforms see in Rayls? Hear Marcos Horie, Head of Digital Assets at XP, explain why the firm's digital asset initiatives are being built on Rayls infrastructure. Full AMA below 👇

Staking is now open to the entire Rayls community. For the first time, all $RLS holders can help secure the Rayls Public Chain by delegating their tokens to validators and earning rewards paid in $RLS. Stake your $RLS today:

São Paulo, we're coming. Join us on August 23 for the next Rayls Community Meetup. Hear from @mcvviriato, @x10xalex, @bm_allan_, and @Milena_events, see Rayls in action through live demos, and connect with the team and the wider community over drinks. See you there 🇧🇷

Rayls staking opens to everyone this Thursday. For the first time, every $RLS holder can delegate to a validator and earn rewards while helping secure the Rayls Public Chain. Staking launches at 18% APY, with a dynamic reward model planned as network participation grows. Read the full guide to staking and how to get started below 👇