Introducing Rayls Enygma: A new era of privacy for EVM chains

In finance, especially when it comes to banks and financial institutions, privacy is a must. Clients expect it, and regulators demand it. But as decentralized finance (DeFi) continues to grow, promising transparency and efficiency, it hasn’t quite reached the privacy that traditional finance (TradFi) requires. This gap has left many institutions reluctant to fully dive into blockchain. Today, Rayls is stepping up with a game-changing solution: Rayls Enygma.

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The Problem: Balancing Innovation and Privacy

For financial institutions, privacy is everything. It’s not just about protecting client identities but also about keeping transactions confidential. The issue? Blockchain, by its nature, is public. Every transaction is visible to everyone, which creates a huge obstacle. We all know DeFi’s potential: lower costs, borderless access, but without the privacy needed by traditional institutions, it hasn’t been fully embraced. The big question remains: how can DeFi maintain its openness while meeting the confidentiality needs of banks and regulators? That’s the challenge Enygma aims to solve.

Rayls, which has already earned its stripes with partnerships like JP Morgan, Kinexys and the Central Bank of Brazil, has stepped up with Enygma to offer a real solution. With Enygma, Rayls is making it possible for financial institutions to tap into blockchain without compromising on privacy.

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Rayls Enygma: Where Privacy Meets Compliance

Designed for Ethereum and EVM-compatible blockchains, this framework takes privacy seriously. It offers confidential transactions and anonymous asset exchanges, all while integrating seamlessly into existing systems. No need for special tools or complex setups, privacy becomes a seamless part of the process.

What really sets Enygma apart? It delivers privacy by default. Imagine a bank making a large cross-border payment, its details completely hidden from the public eye, or an individual exchanging assets without anyone being able to see. That’s what Enygma makes possible. For institutions, this opens new avenues, like: tokenizing assets, engaging in decentralized lending, or even issuing central bank digital currencies (CBDCs), all while keeping sensitive data secure.

But privacy alone isn’t enough. Compliance is key in the financial world. Enygma meets this head-on with its unique Auditor View feature, allowing authorized auditors to access encrypted data when necessary. This ensures that financial institutions can meet regulatory requirements without exposing the network to unnecessary scrutiny. Rayls understands that trust is everything in finance, and Enygma is built to foster that trust.

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A Vision for the Future

Enygma’s launch comes at a pivotal time for Ethereum, as the community works on strengthening privacy protocols under Vitalik Buterin’s vision. Rayls is not just following this trend, but it’s leading the charge with the first live implementation of these ideas.  

Looking ahead, Enygma is built to last. Its quantum-private architecture protects against emerging threats, ensuring its relevance as technology continues to evolve. By supporting a range of token standards—ERC-20, ERC-721, and ERC-1155—it’s ready for a diverse array of applications, from asset tokenization to cross-border payments. Rayls’ ultimate goal? To bring TradFi and DeFi together in a unified ecosystem called “Unifi,” where liquidity flows freely, and innovation thrives.

Imagine a future where traditional banks and DeFi protocols work together seamlessly, where the $100 trillion in liquidity and six billion banking customers are all part of the same ecosystem. That’s the future Rayls is creating, and Enygma is the key that unlocks it. It gives institutions the confidence to embrace DeFi, knowing that they can innovate without compromising privacy or compliance.

Marcos Viriato, CEO of Parfin, sums it up perfectly: “Rayls was built so people can transact in private. Privacy is non-negotiable, especially for banks dealing with complex regulations. With Enygma, we now have a real solution that shows privacy, programmability, and compliance can work together at scale.”

It’s a narrative of trust, where both institutions and individuals can confidently dive into blockchain technology without fear.

Rayls isn’t stopping with just the launch of Enygma. Later in 2025, the company will open-source both Enygma and the Rayls Privacy Node, encouraging collaboration and creating an ecosystem where developers and financial institutions can build with privacy at the core.  

Why Rayls Enygma Matters

In a world where data is both an asset and a potential risk, Enygma offers a secure haven. For financial institutions, it provides a way to adopt blockchain without disrupting their operations, enhancing what they do while maintaining discretion. For individuals, it ensures financial sovereignty, allowing secure participation in DeFi. Enygma’s scalability and flexibility make it a cornerstone for growth, from stablecoins to CBDCs, and it’s accelerating the integration of traditional and decentralized finance.

Rayls is calling on the financial world to join this journey and reimagine privacy as a catalyst for innovation. As Enygma takes the spotlight, it marks the beginning of a new era where innovation and confidentiality coexist, reshaping how we trust, transact, and thrive.

Join the Movement

The introduction of Rayls Enygma is a turning point. It’s where blockchain’s promise meets the real-world needs of finance. To explore how Enygma can transform your organization or to stay updated on Rayls’ journey, visit the Rayls Enygma website. Together, we can build a future where privacy empowers every transaction and every opportunity.

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