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Corda blockchain developer R3 to enter public internet capital markets via Solana

2025-05-22 12:55

Odaily News R3, the development team behind the Corda blockchain, has used Solana to bring more than $10 billion in real-world assets issued by its financial institutions onto a public ledger to support broader capital markets applications, with clients including DTCC, Mastercard, Nasdaq, HSBC and JPMorgan Chase.
The move is intended to make Corda no longer limited to private networks, allowing for wider access and integration. R3 also plans to work with public chains such as Solana to explore integrated applications in the capital market. R3's CEO said the move was to meet the market's demand for more open and interoperable blockchain solutions. The company plans to launch a related test network in the coming months to verify the feasibility and security of new features. (The Block)