Rayls x Nimofast AMA recap: bringing real commodity finance onchain
This week, as Nimofast Global was announced, Marcos Viriato, CEO and co-founder of Parfin, the main developer of Rayls, sat down with Ramon Reis, President and CEO of Nimofast Group, for a live AMA. Their message was simple: Nimofast plans to tokenise the cash flows of a real fuel import and distribution business on Rayls, starting with receivables, and to open that financing to investors worldwide. This recap covers who spoke, what they said and what it means for Rayls.
Who is Nimofast, and who spoke at the AMA?
Nimofast Group is a privately held Brazilian energy and logistics group. Ramon founded it in 2014. In 2016–17 he acquired a licensed Brazilian trading operation regulated by the national oil agency (ANP). From there the company moved into fuel distribution and then infrastructure. Its trading arm in Dubai sources fuel from the UAE and Europe for Brazil. In Brazil, the group runs the import process, storage, its own trucking and hubs where fuel is blended with biofuels. Ramon described the business as "a very large distributor with importing capabilities", serving fuel stations, industry and agricultural customers.
Nimofast Global is the institutional tokenisation platform the group has launched with Parfin, built on Rayls. Nimofast handles asset origination, structuring and governance. Rayls provides the infrastructure underneath, with privacy and compliance controls built in.
Marcos hosted the session as a one-to-one conversation rather than an open Q&A.
What did Nimofast and Rayls announce?
The AMA set out what Nimofast Global is meant to do: give investors outside Brazil a simple, transparent way to finance real commodity flows that are hard to reach through traditional channels.
Ramon put Brazil's agriculture and fuels market at around $1 trillion. The platform's long-term target is to finance about $100 billion of commodities in Brazil, roughly 10% of that market. Marcos was clear about how to get there: "Let's start from the small and grow up."
How will the tokenisation work, step by step?
Marcos set out a phased roadmap, moving from cash flows towards physical assets.
Phase 1: receivables
Nimofast sells fuel to customers who pay in 30, 40 or 60 days. Those receivables would be tokenised and placed into lending pools or yield-bearing vaults. Investors around the world could then provide capital and earn a share of the yield. It is the same receivables-first approach AmFi described in our AMA on tokenised private credit last week.
Later phases: inventory, facilities and the products themselves
Next comes the fuel held in Nimofast's storage tanks, followed by financing for new tank facilities. In the long run, the products themselves would be tokenised. Marcos gave the example of biofuel sent to a farmer and paid for with a soybean token, "kind of a barter".
Ramon added that investors could eventually finance whole cargoes, logistics, inventory in Brazilian storage and the inventories or future harvests of agricultural producers.
Why does "real" matter in real-world assets?
Both speakers kept coming back to one idea: the assets have to be real. Too often, "real-world asset" turns out to mean a bond wrapped in a token. Ramon made the contrast directly:
"You're not tokenising kind of like a debenture or bond, which you don't know what is inside... What I think is interesting about our project is that we can really see what you are investing in. If you put your money into an inventory of sugar, you own a bit of sugar."
He also argued that energy is a strong underlying asset because it always finds a buyer: "There's no such thing as, you have fuels on the port and you can't sell it... It moves." When Marcos said they were talking about "real, real assets", Ramon joked that they might need "a new category".
For background, see our explainer on how real-world asset tokenisation is shaping global finance.
Is there investor demand for Brazilian commodity finance?
According to Ramon, yes, especially in the UAE, where many investors hold crypto and are looking for productive places to put it. The obstacle has been understanding Brazil's local licensing and rules. He sees blockchain as the fix:
"The language of trading in blockchain is a universal language, and everybody will eventually understand."
Ramon also described how the market reacted to the announcement. The head of trade at one of Brazil's major fuel companies called him the same day and asked, "What is this? I want to know about this." Individual investors got in touch too, asking how they could take part. Ramon called the overall mood "curious".
He also pointed to a familiar problem in Brazil's financing market: with interest rates high, money tends to sit in safe deposits rather than flow into new investment.
What role do stablecoins play?
Marcos noted that Nimofast already uses stablecoins for cross-border payments. Ramon said that experience makes onchain settlement "a walk in the park". He also gave his view on why earlier bank-led blockchain trade platforms didn't take off: they were "too closed" and had no widely trusted stablecoin to settle in.
What does this mean for Rayls?
With the Rayls Public Chain heading to mainnet, the team plans to test a yield-bearing vault on testnet with Nimofast tokens first.
For Rayls, Nimofast shows three things:
- Real-economy collateral. The cash flows come from fuel physically moving through ports, tanks and trucks, not from financial wrappers.
- Institutional control with global reach. Nimofast can set its own compliance, privacy and governance rules for its assets on a Rayls Private Network while staying connected to onchain liquidity, the same model Núclea described in our recent AMA.
- A model that can repeat. Ramon described Nimofast as the "guinea pig" and "test drive", and expects other commodity verticals to follow, such as sugarcane, ethanol, soybean and corn.
Ramon summed up why he is committed: "It's not just an economic result. It's performing something that really makes me proud, that I'm making something different."
Bring your real-world assets onchain
Nimofast is using Rayls to put commodity cash flows onchain without giving up control of its assets. If your institution wants to do the same with receivables, inventory or other real-economy assets, talk to the institutional team, or explore the Rayls Public Chain.
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