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For decades, institutional finance operated behind closed doors. The new Corda protocol opens the vault, bringing real-world financial strategies directly onto @solana. Our vision is an open financial system where everyone can build resilient, diversified portfolios, putting the Wall Street into the hands of DeFi users. Be part of what comes next: corda.xyz
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"Ultimately, it goes down to making the most of your money, having it sat idle as little as possible, and getting you closer to the beach or whatever it is that your dream is."
R3 CRO @DigbyTry on where composable vaults lead: structuring that once needed a bank desk, a pricing team and days of turnaround, run by agents connected to vault structures.
R3 CRO @DigbyTry on where composable vaults lead: structuring that once needed a bank desk, a pricing team and days of turnaround, run by agents connected to vault structures.
"The end game in my mind is always to have no idle capital."
Once assets sit in vaults, vaults can hold other vaults, curators can compete on risk and yield, and agents can move capital on an investor's behalf.
In Part 4 of Stacking Corda Ep. 2, the Corda Protocol team covers u can kind of compose existing vaults into composite vaults to create different investment profiles or yield profiles versus what the individual vaults offer on their own."
"We envision that there will be many curators utilizing our vault architecture, and they will be offering a vast number of different investment products having differentiating yield or risk profiles. This may ultimately lead to a marketplace of RWAs."
"You can simply connect agents to your vault structures and then automatically you have a level of asset management that was not even imaginable ten years ago, that would have been not even available to the most sophisticated investors twenty years ago."
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R3 has spent a decade building the infrastructure behind regulated finance, and holds an ISO 27001 certification. Independent audits, verified controls and accountable compliance are the baseline.
Corda Protocol brings that same standard onchain.
Corda Protocol brings that same standard onchain.
Blue chip assets need blue chip infrastructure.
Before any capital moves onchain, Corda Protocol is secured across eight layers, each with an independent specialist behind it.
Here’s how every deposit is checked, in and out.
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"Where does the business logic of that box actually live? And for me, there's not actually any reason for most of it to live onchain."
R3 CEO @gendal on the design choice at the centre of @Cordaxyz: keep the onchain code as thin as possible. Less code onchain means faster execution and a smaller attack surface, which is the bar regulated issuers hold any infrastructure to.
R3 CEO @gendal on the design choice at the centre of @Cordaxyz: keep the onchain code as thin as possible. Less code onchain means faster execution and a smaller attack surface, which is the bar regulated issuers hold any infrastructure to.
"I think people will be surprised by how simple the code is onchain."
Bringing a traditional product onchain is mostly work nobody sees: transfer agents, NAV pricing, reconciliation, approvals on every movement of funds. This is Part 3 of Stacking Corda Ep. 2.
"Most people that has to go into bringing traditional products onchain, and that is the traditional capital markets, how the transfer agent works, the reconciliation, the NAV pricing."
"We listened to the market building this out, and it became crystal clear that instant liquidity was a must-have... It's complex, multiple moving parts. Working with the issuer and working with the liquidity players, market maker partners in particular, we've managed to crack that." @DigbyTry
"It's very important that we have thorough lockdowns and approval processes behind movement of investor funds and issuing of tokens onto the chain, so that there's always two sets of eyes."
"There's not actually any reason for most of it to live onchain... That obviously allows us to execute faster, but it also massively reduces the security attack surface." @gendal
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R3 retweeted
Todd McDonald (@Mcdtv, co-founder of @inside_r3) saw Bitcoin at around $150 and wanted to buy it, but the options were limited
Now he calls it potentially the best or worst decision of his life.
"Everything was possible, but nothing was real."
Now he calls it potentially the best or worst decision of his life.
"Everything was possible, but nothing was real."
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R3 retweeted
Every wallet is screened before it deposits.
@HypernativeLabs provides wallet AML and sanctions monitoring for Corda Protocol, built into an onboarding flow held to institutional compliance standards.
Blue chip partners for blue-chip vaults.
@HypernativeLabs provides wallet AML and sanctions monitoring for Corda Protocol, built into an onboarding flow held to institutional compliance standards.
Blue chip partners for blue-chip vaults.
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R3 CEO @gendal and CRO @DigbyTry on why compliance is the condition for institutional assets coming onchain, not a cost of doing it:
"Some of the biggest names in TradFi that want to come onto the platform and bring their assets on, they wouldn't consider it unless those gates were in place."
"Some of the biggest names in TradFi that want to come onto the platform and bring their assets on, they wouldn't consider it unless those gates were in place."
"Friction always sounds bad, doesn't it? But ultimately, it's what makes the wheel go round."
In Part 2 of Stacking Corda Ep. 2, the team behind Corda Protocol explains why each one is there on purpose, and what the biggest issuers need to see before they bring assets onchain.
suer side of our business, some of the biggest names in TradFi that want to come onto the platform and bring their assets on, they wouldn't consider it unless those gates were in place."
"One of the benefits of asynchronous settlement is that the investor is always guaranteed to have the assets backing that token."
"We use SPL token standard instead of Token-2022. While Token-2022 can offer more control guarantees, it severely limits how the user can use the token and underlying assets."
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R3 retweeted
RWAs that work as collateral are pulling the demand.
"We are very focused on this not just being an issuance-and-forget-it-type thing."
@Mcdtv on @thinkingcrypto on what Corda's vaults will be for: collateral, looping, and distribution across @solana DeFi.
"We are very focused on this not just being an issuance-and-forget-it-type thing."
@Mcdtv on @thinkingcrypto on what Corda's vaults will be for: collateral, looping, and distribution across @solana DeFi.
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"The genius of the mutual fund or the ETF for me is it allowed us to create, if you like, a virtual box."
R3 CEO @gendal on why tokenization is an old idea in a new wrapper, and why the fund structure institutions already trust is the right starting point for vaults onchain.
R3 CEO @gendal on why tokenization is an old idea in a new wrapper, and why the fund structure institutions already trust is the right starting point for vaults onchain.
"Vaults are the future of funds."
Wallets and vaults both hold assets onchain, but they solve different problems.
In Part 1 of Stacking Corda Ep. 2, the @inside_r3 team behind Corda Protocol explains why a vault behaves less like a wallet and more like the fund wrappers e.
"Something people get wrong is they think tokenization is a brand new technology. For me, it's just another derivation, it's another variation on what was invented 20, 30, 40, 50 years ago with the advent of the ETF." @gendal
"A wallet is very much an individual concept that's basically securing assets that are onchain, but it's used for signing for those assets. Whereas a vault is very much a sort of a container, so it's containing the assets, representing them onchain."
"A wallet is a single point of failure. With vaults, we have multi-signature and time locks, which means that even if one of the signer keys gets compromised, the underlying asset remains protected." @SztukaSzymon
"In a market that's come to value control and transparency, vaults give you a lot more of both." @DigbyTry
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R3 retweeted
Institutional-grade from day one.
@HalbornSecurity performed the smart contract security audit for Corda Protocol and signed off the evidence pack from our mainnet key ceremony.
Blue chip partners for blue-chip vaults.
@HalbornSecurity performed the smart contract security audit for Corda Protocol and signed off the evidence pack from our mainnet key ceremony.
Blue chip partners for blue-chip vaults.
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Choosing a network is a long-term decision.
For @Cordaxyz, it came down to alignment, and Solana had it.
For @Cordaxyz, it came down to alignment, and Solana had it.
Todd McDonald, co-founder of @inside_r3, on the three reasons they chose Solana for the next version of Corda
“One is the technology. I personally love their approach to a single mainnet and scaling through a single mainnet. One pool of liquidity. Two is their strategy. Internet the north star. They’re focused on helping existing capital markets players understand, launch and be successful on Solana.”
“Three, the culture of the ecosystem. Both those building on it and the Solana Foundation. They’re viewing this as a long-term business they want to grow. What you really need in this space is long-term alignment with the partners you choose. That was the big thing for us.”
@Mcdtv @jacqmelinek @_TalkingTokens
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Today's episode with @Mcdtv, Co-Founder of @inside_r3, dives into:
- How enterprises like Bank of America and Wells Fargo are leveraging blockchain
- Why R3 chose to build on @solana
- Why fixed income and alternative assets could be tokenization’s next big market
TIMESTAMPS:
nstitutional Blockchain Has Changed
02:55 Why All Markets Will Move Onchain
04:08 Why Todd McDonald Started R3
06:25 Buying Bitcoin in the Early Days
07:37 How R3 Got Major Banks Onboard
09:56 What Crypto Gets Wrong About Banks
12:10 How Banks Are Using Blockchain Today
13:38 Why R3 Changed Its Strategy
14:00 Moving From Private to Open Networks
14:24 Why R3 Chose Solana
16:29 Bringing Corda to Solana
16:52 What Banks Care About in a Blockchain
18:18 What R3 Got Wrong
19:00 Lessons From R3's Early Network Strategy
20:05 Why Open Networks Win
22:05 What's Next for Banks Onchain
23:07 The Opportunity Beyond Tokenized Dollars
24:05 The Trillions in Tokenization
26:17 What Tokenization Actually Means
27:26 Bring the Assets to the Money
27:57 The State of Tokenization
28:57 What Has Changed in Five Years
30:12 What Banks Want From Tokenization
31:04 What's Next for Tokenization
31:59 Todd's Advice for Builders
Watch below or on X:
- How enterprises like Bank of America and Wells Fargo are leveraging blockchain
- Why R3 chose to build on @solana
- Why fixed income and alternative assets could be tokenization’s next big market
TIMESTAMPS:
nstitutional Blockchain Has Changed
02:55 Why All Markets Will Move Onchain
04:08 Why Todd McDonald Started R3
06:25 Buying Bitcoin in the Early Days
07:37 How R3 Got Major Banks Onboard
09:56 What Crypto Gets Wrong About Banks
12:10 How Banks Are Using Blockchain Today
13:38 Why R3 Changed Its Strategy
14:00 Moving From Private to Open Networks
14:24 Why R3 Chose Solana
16:29 Bringing Corda to Solana
16:52 What Banks Care About in a Blockchain
18:18 What R3 Got Wrong
19:00 Lessons From R3's Early Network Strategy
20:05 Why Open Networks Win
22:05 What's Next for Banks Onchain
23:07 The Opportunity Beyond Tokenized Dollars
24:05 The Trillions in Tokenization
26:17 What Tokenization Actually Means
27:26 Bring the Assets to the Money
27:57 The State of Tokenization
28:57 What Has Changed in Five Years
30:12 What Banks Want From Tokenization
31:04 What's Next for Tokenization
31:59 Todd's Advice for Builders
Watch below or on X:
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We spent a decade building private networks with the world’s largest banks.
That’s exactly why we know where capital markets are heading: open, public rails.
That’s exactly why we know where capital markets are heading: open, public rails.
The customers are already onchain.
Corda is being built on @solana to bring institutional yield to eligible investors, alongside the DeFi markets they already use.
@Mcdtv on the case for public rails on @thinkingcrypto.
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A decade working alongside the world’s largest financial institutions taught us what blue chip really means.
Our CEO @gendal on the standard every asset meets before it reaches Solana through @Cordaxyz.
Our CEO @gendal on the standard every asset meets before it reaches Solana through @Cordaxyz.
Blue chip is a standard, not a label: real yield, a trusted originator, an asset that sits in custody.
That’s the bar for everything Corda brings to @solana.
@gendal on @Genfinity:
"We want to signal, given @inside_r3's long heritage in that space, that what we're doing is he best assets of most interest to onchain investors and making them available on chain."
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We’re hosting a workshop with @Solana_SRI at House of Sol in London, the week between @blockworksDAS and Breakpoint.
What’s holding vaults and earn programs back, and how RWAs close the gap.
Invite-only. Request to join ↓
What’s holding vaults and earn programs back, and how RWAs close the gap.
Invite-only. Request to join ↓
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For a decade, R3 has worked with banks, regulators and market infrastructure to bring real assets onto ledgers.
Tokenizing them was step one. Knowing which ones are worth holding onchain is the next.
@Cordaxyz sets out five tests for a tokenized blue chip.
Tokenizing them was step one. Knowing which ones are worth holding onchain is the next.
@Cordaxyz sets out five tests for a tokenized blue chip.
An asset that only tracks the risk-free rate is not a blue chip, however strong the issuer.
Yield is one of five tests. The others: trusted originator, real distribution, composability, and a clear path to redemption.
Run any tokenized asset through the scorecard ↓
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