Rayls Launches Private Blockchain Sovereign for Financial Institutions

Rayls has launched a private blockchain called 'Rayls Sovereign' specifically for financial institutions. This blockchain is designed for banks and financial market infrastructure companies to manage their own ledgers, enabling tokenized deposits, stablecoin payments, and the circulation of tokenized assets. Rayls Sovereign will be available starting August 25, 2026, and is an Ethereum Virtual Machine (EVM) compatible blockchain that each financial institution can install and operate in its own computing environment or private cloud. Financial institutions will have full control over customer data, transaction records, and key management rights, and can connect to the Rayls private network or public chains when necessary. Sovereign is a redesigned product of the existing Rayls privacy nodes, boasting a processing capacity of over 15,000 transactions per second and 30 case studies of financial institution adoption. Its applications include tokenized deposits, stablecoins, and income-generating asset vaults. Brazilian payment infrastructure company Nuclea has been operating corporate receivables tokenization based on Rayls since June 2024, while XP is issuing USDXP on the Rayls infrastructure. JP Morgan Kinexus is testing Rayls as a privacy and identity verification layer for institutional tokenization in Project EPIC. Rayls plans to expand its supply from Brazil to the United States, the United Kingdom, and Europe.

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