Just had a first look into @RaylsLabs and would like to summarize it in a few keywords. - Blockchain for Banks - Strong Institutional backup - Getting Tradfi into DeFi - Own Stablecoin USDr for gas fee These are the main keywords that is explaining Rayls in a few words. An explanation based on @Surf_Copilot is as followed. ===== Rayls is an institutional-grade blockchain ecosystem designed to bridge traditional finance (TradFi) with DeFi, focusing on compliance, privacy, and scalability for banks and financial institutions. The project has raised $26.3M+ in funding and projects an FDV of ~$175M at TGE with a $0.0175 token price. Founded by Parfin's team (Marcos Viriato, Alex Buelau, Cristian Bohn), Rayls targets the massive RWA/CBDC market with real traction including Brazil's central bank pilot and 300K+ testnet waitlist. ===== They are projecting a TGE based on $175M and 10B tokens issued with 1B (10%) circulating in the beginning. The founding team from Parfin, the company behind Rayls are coming from traditional finance and the team had secured a total of 26.3M in total funding from ParaFi Captial. Their main Market Category are - Institutional Blockchain Infrastructure - RWA tokenization - CBDC Infrastructure - Cross Border Payments - Banking Compliance The biggest difference Rayls is showing here is that they are unlike pure DeFi Protocols looking into the demands of institutional requirements and solving them. Working with partners like the Brazil Central Bank, JP Morgan, LayerZero and co, their Mainnet is targeted for Q1 in 2026.