Rayls Labs, a blockchain network that unifies banks and institutions and blends TradFI and DeFi, today announced a strategic partnership with Animoca Brands, a digital asset platform and tokenization pioneer. According to the announcement disclosed today, the two decentralized networks are collaborating to accelerate the adoption and accessibility of tokenized real-world assets (RWAs).
Powered by its native RLS token, Rayls is a blockchain ecosystem that connects traditional finance and decentralized finance by facilitating secure and regulated asset tokenization and cross-border digital assets settlements for institutions. It enables institutions to tokenize assets on permissioned private chains while facilitating settlements on its public blockchain. Through this approach, Rayls helps institutions tap into decentralized liquidity securely using its privacy-preserving and compliant infrastructure.
The collaboration marks a significant milestone in advancing institutional-level RWA tokenization in the decentralized landscape. With the alliance, Rayls and Animoca aim to disrupt centralized traditional financial markets by scaling 24/7 trading of RWAs on-chain with transparency, lower costs, and international investment access.
Based on the MOU formalized today, the partnership facilitated the integration of Animoca Brands’ vast network of digital asset investments and partnerships across the Web3 space with Rayls’ blockchain infrastructure to scale tokenization of a wide range of physical assets on a global scale.
As per the announcement, Animoca will help identify asset classes and suitable issuers for RWAs on Rayls’ platform. On the other hand, with its compliant and privacy-focused blockchain infrastructure that enables RWAs tokenization and cross-border payments, Rayls is set to offer safe multichain settlement rails, data protection safeguards, and digital interfaces that enable interoperable, regulated asset management.
Also, NUVA, a chain-agnostic vault marketplace, will function as a platform for distributing tokenized assets created on Rayls’ platform, according to the announcement.
By harnessing Rayls’ cutting-edge blockchain infrastructure and Animoca’s deep knowledge in DeFi solutions, the collaboration is equipped to connect greater real-world assets with blockchain networks, providing a revolutionary approach to liquidity management and financial inclusion. The alliance tackles one of the most standing challenges in the tokenization sector: market accessibility.
Accessing high-value assets such as real estate and many others is still not easy for most investors, as centralized intermediaries add barriers associated with costs and bottlenecks. The alliance between Rayls and Animoca is set to redefine that model by establishing a decentralized, transparent alternative, which ensures various physical assets run on-chain where they can be traded 24/7, with better cost-effectiveness and greater flexibility to investors worldwide.

Highlights: US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets. Do Kwon will face sentencing on December 11 and must give up $19 million in earnings. US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings. The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined. U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025 Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November. TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán (@zGuz) April 5, 2024 The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

