Yesterday at Febraban Tech, João Pirola co-founder and CPO at AmFi came by our booth. We’ve now agreed engineering timelines for bringing AmFi’s $400m on-chain book onto Rayls under our existing agreement. Work starts in September. We also agreed to expand the scope of what we’re building together (more on that in the next couple of weeks - it’s part of a larger announcement related to Rayls vaults).

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.

I’m here at Febraban Tech in Brazil and things are going at full swing. Over the next 2 days, more than 30k visitors are expected. I think our booth with Tether and Parfin looks amazing! What do you think?

It was a great evening, we shared some of Rayls’ story, vision, and answered many questions. Thanks to everyone that helped make yesterday a success. Now on to Febraban conference - “the big one”. We will have some exciting client news to share soon, stay tuned!

I’ve been in this industry long enough to remember when regulatory uncertainty was one of the biggest constraints on crypto. Institutions hesitated while builders moved jurisdictions. And teams had to spend too much time trying to understand what they could build instead of focusing on what they should build. So seeing the industry at the White House with a clear push for market structure legislation feels very different. CLARITY could give institutions a framework they can actually plan around and give builders room to focus on building instead of interpreting regulatory risk. If the U.S. gets the framework right, other markets will have a reference point to build from instead of starting from scratch. That could give stablecoins the regulatory foundation they need to move from early adoption into a much larger phase of global growth.

I’m in Brazil this week for Febraban Tech, the largest banking innovation conference in Latin America (starting next week). Rayls will be sharing a booth with Parfin and Tether. It’s cool to see the booth taking shape. From chaos to order within a few days. This is how it looked like yesterday.

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:

Our core developer, @parfin_io, has extended the lock-up on its entire $RLS allocation until December 2027. 1.07B $RLS. ~11% of the total supply. Locked for another year. Hear @x10xalex explain the decision 👇

Last Thursday, we hosted the Rayls meetup in Lisbon alongside ETH Pragma. More than 30 people joined us as we covered the Rayls story, how we compare with other solutions, real-world use cases, and even a live installation of a private chain on a laptop. We are positioning Rayls as a strong alternative to Besu, Canton, zkSync, Polygon, and other blockchain infrastructure platforms.