Rayls
Risk Management
?Risk Management
The RMA™ is a blockchain credibility certification assessing governance, transparency, security, and results, providing trusted verification for businesses in Web3.
VaaSBlock has not audited this project and cannot vouch for this organization.
RMA™ Status: ❌ Unverified
Verification of 6 major compliance criteria.
Technology
?Technology
A collection of public facing information, data collected through partners and our own tools view we present a projects technology in one place for easy verification.
Analysis and testing of tech infrastructures.
Marketing
Alpha?Marketing
Top level look at a projects marketing capablities currently in alpha this section will grow to show quickly how a project promotes itself and the effectiveness.
Screening of user base and community feedback.
Background
?Background
Using multiple public facing sources across the web view a summary of a projects purpose, key achievements and general overview.
Collection of basic administrative documentation.
Risk Management
Last Updated
2025/4/16
Transparency
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
Transparency Score
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
Category Rank
Rayls vs Banking & DeFi
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
VaaSBlock Rank
Rayls vs All Listed Organizations
Transparency
Transparency Score
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
Category Rank
Rayls vs Banking & DeFi
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
VaaSBlock Rank
Rayls vs All Listed Organizations
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
RMA™
✘ Unverified
Corporate Governance
The verification of fundamental governance, organizational structure, including verifying the entity’s legal registration and adherence to local laws and regulations.
Corporate
Governance
Team Proficency
Evaluation of an organization’s personnel, ensuring that crucial team members possess the expertise and dedication necessary to execute current business models and scale effectively.
Team
Proficiency
Technology & Security
Assessment of the organization’s technological framework, including blockchain integrations (where relevant), system architecture, and overall IT infrastructure.
Technology
& Security
Revenue Model
Comprehensively evaluation of a company’s income-generating strategies (how do they make or intend to make money), ensuring financial robustness and sustainability.
Revenue
Model
Results Delivered
The Results Delivered component of the RMA™ audit comprehensively evaluates an organization’s ability to achieve its goals and honor its commitments.
Results
Delivered
Planning & Transparency
The Planning and Transparency component of the RMA™ audit offers a thorough assessment of how an organization manages its workflow and prepares for unexpected challenges.
Planning &
Transparency
Technology
Marketing
No Chain No Gain™ Podcast ⛉
This Organization is yet to join the No Chain No Gain™ Podcast and share insights on what makes their business trustable and innovative.
💡 NCNG generated over 1 Million impressions in its first six months of existence.
PR Impact
PR Impact
VaaSBlock provides estimations to the impact that traditional digital media can have on a project. This is an early release; more areas of PR are planned in future versions.
Search Terms ? Search TermsThese are the terms we discovered the article for on page one of Google. | Est. Traffic ? Estimated TrafficWe estimate how much traffic an article will get. Generally, our estimations are slightly higher than those of more established tools. We are working on the algorithm all the time, and results could change. | Est. Value ? Estimated ValueBased on the estimated traffic we generate an estimation for what this traffic would have cost to generate if you tried to target these users with ads. The positions for the article on google and the location of the traffic are the major factors in this estimation. | |||
|---|---|---|---|---|---|
 Branca Rayls 37X source: en.brancaidealair.it | Branca Rayls 37X… — Branca Rayls 37X source: en.brancaidealair.it | Organic | en.brancaidealair.it | ||
Staff Directory • Richard Rayls source: cityofwoodland.gov | Staff Directory • Ri… — Staff Directory • Richard Rayls source: cityofwoodland.gov | Organic | cityofwoodland.gov | ||
Rayls Funding Rounds, Token Sale Review & Tokenomics Analysis | CryptoRank.io source: cryptorank.io | Rayls Funding Rounds… — Rayls Funding Rounds, Token Sale Review & Tokenomics Analysis | CryptoRank.io source: cryptorank.io | Organic | cryptorank.io | ||
Rayls — active in the project with an eye on the drop | MEXC News source: mexc.com | Rayls — active in th… — Rayls — active in the project with an eye on the drop | MEXC News source: mexc.com | mexc.com |
| Est. Traffic | Est. Value | ||
|---|---|---|---|
| Branca Rayls 37X… — | ||
| Staff Directory • Ri… — | ||
| Rayls Funding Rounds… — | ||
| Rayls — active in th… — |
Background
Organization Name – Rayls
Category – 
Banking & DeFi
About
powered by
irmaAIRayls Crypto: Institutional Blockchain Rails for Banks and Capital Markets
Rayls is a financial infrastructure blockchain designed to bring banks, financial institutions and capital markets on-chain.… Public documentation describes Rayls as an EVM (Ethereum Virtual Machine) blockchain system built to unite Traditional Finance (TradFi) and Decentralised Finance (DeFi), with a stated ambition to bring up to $100 trillion of TradFi liquidity and billions of banked users into compliant DeFi opportunities.
Rather than positioning itself as a retail-first DeFi chain, the Rayls crypto project is branded as a “blockchain for banks”. It combines a compliant public chain with a network of private, institution-hosted blockchains so that regulated entities can tokenize assets, settle transactions and connect into DeFi under familiar governance and risk frameworks.
From a technology perspective, Rayls operates as a high-performance EVM blockchain platform with both public and private components. The public environment functions as an Ethereum-connected chain designed to aggregate innovation and liquidity, while permissioned subnets and privacy ledgers allow banks and other institutions to transact privately when regulatory or commercial requirements demand it. Public material emphasises mandatory KYC for accounts on the public chain and native controls for compliance, governance and quantum-safe privacy.
The Rayls blockchain project is developed by Parfin, a digital-asset infrastructure company that provides custody, tokenization and trading platforms for institutions. Parfin is repeatedly described in press releases and funding announcements as the “core developer” of Rayls. In 2024–2025, Parfin reported a Series A funding round led by ParaFi Capital, with participation from Framework Ventures, L4 Venture Builder, Noir Ventures and others, explicitly earmarked to further develop Rayls and support its global expansion.
Rayls’ architecture is sometimes described as a “UniFi” ecosystem: a combination of permissioned financial infrastructure and open DeFi connectivity. The platform is designed to support real-world asset (RWA) tokenization, central bank digital currency (CBDC) pilots, institutional stablecoins, tokenised deposits and cross-border payments, while still being open to DeFi protocols, stablecoins and NFTs that meet its compliance requirements.
Third-party research outlets and rating sites (such as Cryptorank and CryptoTotem) generally describe Rayls as a high-performance public-and-private EVM system within the Ethereum ecosystem, with a dedicated token and a multi-billion total supply. They also track Rayls tokenomics, fundraising rounds and vesting details for investors and early backers. These figures are external to Rayls and may evolve over time, so they should always be verified directly against the latest official documentation before being used for investment decisions.
Rayls Labs and Parfin-led initiatives highlight use cases focused on banking transformation: private tokenization of deposits and funds, on-chain settlement between institutions, and bridging liquidity between permissioned environments and public DeFi ecosystems. This dual-layer approach—combining private rails with a public, EVM-compatible chain—is positioned as a way to satisfy regulatory expectations around KYC, AML, auditability and privacy, while still enabling composability and innovation.
On this page, VaaSBlock treats Rayls crypto as an institutional blockchain platform worth monitoring from a credibility and risk-management perspective. Rather than endorsing or criticising the project, this profile summarises public information about Rayls’ technology, governance, tokenomics signals and funding, and frames the key questions a bank, investor or partner should ask before relying on any emerging blockchain infrastructure.
What is the Rayls crypto project?
Rayls is an EVM-compatible blockchain system built specifically for financial institutions. Public sources describe it as a financial-infrastructure chain designed to connect Traditional Finance (TradFi) and Decentralised Finance (DeFi) by letting banks, asset managers and other regulated institutions tokenize assets and settle transactions on-chain under strict compliance controls.
⸻
Who is behind Rayls and how is Parfin involved?
Rayls is developed by Parfin, a digital-asset infrastructure provider that builds custody, tokenization and trading platforms for institutions. Parfin is repeatedly named in press releases and investor communications as the “core developer” of the Rayls network. Funding rounds led by ParaFi Capital and other institutional investors have been publicly linked to the continued development and global expansion of Rayls.
⸻
How does the Rayls blockchain platform work at a high level?
The Rayls blockchain platform combines:
• A public, EVM-compatible chain connected to Ethereum and oriented toward aggregating liquidity and innovation; and
• A set of private, institution-hosted environments (subnets and privacy ledgers) where regulated entities can transact confidentially while maintaining audit trails and governance controls.
The public chain introduces mandatory KYC for accounts and is positioned as an institutional-grade environment; private subnets and privacy ledgers provide controlled access to private transactions for regulated institutions only.
⸻
What problems is Rayls trying to solve for banks and financial institutions?
Rayls focuses on long-standing barriers that have kept banks from using public blockchains in production: privacy, regulatory compliance, scalability and interoperability. Its architecture is designed to let institutions:
• Tokenize deposits, securities and other real-world assets (RWA);
• Run CBDC or wholesale settlement experiments;
• Connect permissioned systems to public DeFi in a controlled way; and
• Maintain strong KYC/AML practices while still benefiting from composability and programmability.
⸻
What do public sources say about Rayls funding and tokenomics?
Media coverage and data platforms indicate that Parfin, the core developer of Rayls, has raised a multi-million dollar Series A round led by ParaFi Capital and other well-known crypto funds, with a portion of that capital earmarked explicitly for Rayls’ global development and rollout.
Third-party token-sale analytics sites such as Cryptorank report additional details on Rayls tokenomics, including total token supply, allocation and vesting structures. Because these figures come from external aggregators and may be updated over time, they should always be cross-checked against the latest official whitepaper and documentation before being used in investment or risk models.
⸻
Is Rayls just another DeFi chain, or is it targeted at a different audience?
Rayls positions itself as a “blockchain for banks”, not primarily as a consumer-first DeFi chain. Public documentation and blog content stress that the network is built for regulated institutions that need a mixture of:
• Permissioned environments for confidential transactions;
• Public connectivity to Ethereum and DeFi ecosystems; and
• Native controls for compliance, governance and privacy.
This institutional focus shapes decisions around KYC on the public chain, quantum-safe privacy techniques, governance tooling and integration with central-bank and RWA initiatives.
⸻
How is Rayls different from other EVM blockchains?
Rayls shares the EVM execution model with many other blockchains, but differentiates itself in three main ways according to public sources:
1. Dual architecture – A compliant public chain plus permissioned private subnets and privacy ledgers, designed from day one for financial institutions.
2. Compliance-first design – Mandatory KYC on the public chain, native governance and compliance controls, and explicit focus on regulated use cases like CBDCs and RWA tokenization.
3. Institutional partnerships – Development led by Parfin, a firm already involved in initiatives such as Brazil’s DREX CBDC trials and other institutional tokenization projects.
⸻
Where can someone go deeper on Rayls crypto before making a decision?
Anyone researching the Rayls crypto project in depth should review:
• The official Rayls website and blog for high-level positioning, use cases and technical summaries;
• The Rayls documentation portal for more detailed explanations of architecture, security and roadmap;
• Parfin’s site and press releases for context on the team, funding and institutional partners;
• Independent research articles, exchange listings and rating platforms (for example, CoinMarketCap, Cryptorank, and third-party blogs) for external perspectives on tokenomics, liquidity and market perception.
A due-diligence process should also weigh general blockchain risks, regulatory exposure in each operating jurisdiction and the institution’s own risk appetite before committing to any Rayls-based deployment or investment.
Read More
Creation Date
February 2026
Headquarters
London, United Kingdom
Organization Maturity Level
Early-Stage
RMA™ Type
–
Useful Links
Website – rayls.com
Notable Achievements
2023
Launch of Rayls blockchain infrastructure by Parfin.
2024
Selected for J.P. Morgan’s Project EPIC on institutional privacy solutions.
2024
Integration with Arbitrum to enhance scalability and compliance.
2024
Chosen by the Central Bank of Brazil for the Drex CBDC pilot project.
2025
Launch of Enygma, a privacy-preserving framework for decentralized finance.
Core Team
Tom Dickens
CMO
- vaasblock.com /
- Banking & DeFi /
- Rayls