DeFi· ★★· neutral·

Rayls pushes Sovereign on-chain infrastructure for financial institutions

  • —Sovereign is an EVM-compatible blockchain deployed inside banks' and brokers' own infrastructure
  • —Supports issuance of tokenized deposits, securities and RWA with KYC, AML and asset freezing
  • —Three-tier structure: Sovereign, private inter-institution network and public chain
  • —Integrates with core banking, KYC and financial systems without replacing existing infrastructure
Why it matters: The project targets the institutional tokenization niche, where banks need control and privacy to access on-chain markets.
Source: Blockmedia