Parfin

Parfin is a Web3 infrastructure provider focused on bridging traditional finance with blockchain technology. Its core product, Rayls, is a permissioned EVM Layer 1 blockchain designed for institutional use, offering privacy features that allow selective transaction disclosure while maintaining regulatory compliance.

Parfin's key offerings include digital asset custody based on Multi-Party Computation (MPC), tokenization of real-world assets, and Crypto-as-a-Service (CaaS) solutions for banks and financial institutions. The company also provides OTC trading tools and white-label wallet infrastructure.

The main market pain points Parfin addresses are: lack of privacy and compliance in public blockchains, difficulty integrating legacy banking systems with decentralized networks, and security concerns around digital asset management. By combining blockchain efficiency with institutional-grade governance and privacy, Parfin enables regulated entities to participate in the digital asset economy.

In the past six months (Feb-Aug 2026), Parfin has focused on expanding Rayls' ecosystem, strengthening partnerships with Latin American financial institutions, and enhancing its custody solutions to meet evolving regulatory requirements. The company has also worked on improving cross-chain interoperability and developing new features for tokenized asset management.