R3 CEV

Founded in 2013 by David Rutter, Greg Paull, and Todd McDonald, R3 CEV LLC operates from New York, US, and focuses on developing blockchain solutions, particularly its proprietary Corda platform.R3, in collaboration with Solana, delivers a range of solutions focused on bridging regulated financial institutions with real-world assets (RWAs) to enhance their integration into blockchain technology. Their core offerings revolve around R3's proprietary Corda blockchain platform, designed to provide regulatory-grade infrastructure for the management and tokenization of RWAs. This technology enables institutions to access high-quality, on-chain assets, addressing the growing demand for secure and efficient financial transactions in decentralized finance (DeFi). The primary use cases include facilitating enhanced liquidity, improving settlement efficiency, and providing access to new investment opportunities for traditional finance (TradFi) clients, which range from banks to asset managers.R3 generates revenue through partnerships and collaborations with financial institutions that utilize its blockchain technology for the tokenization of RWAs. The company’s transaction model involves B2B agreements, where institutions engage with R3 to implement Corda's capabilities for their operations. Clients typically enter into subscription-based contracts for continued access to R3's services and tools, facilitating the integration of blockchain solutions into their financial processes. Pricing structures are aligned with the sophistication and scale of services provided, enabling institutions to leverage R3’s technology for optimized asset management and transactions.R3 is focused on launching new products that enhance its blockchain capabilities, although specific release dates are not disclosed.00 mn to support these initiatives.

1. Series A

   May 23, 2017

   Amount

   $107M

   Investors

   Locked