Catenaa, Saturday, June 31, 2025- R3, the enterprise blockchain developer behind the permissioned Corda network, is partnering with Solana to bring over $10 billion in real-world assets from private ledgers to public blockchains, in what the firm calls a strategic industry pivot.
In a statement Thursday, R3 announced it will create a consensus service deployed on the Solana blockchain. This integration aims to establish native interoperability between Corda’s private ecosystem and public networks – a first-of-its-kind bridge between traditionally closed financial infrastructure and decentralized finance.
The move signals R3’s entry into what it terms the “internet capital markets,” driven by growing institutional appetite for blockchain transparency and the maturation of decentralized finance protocols. “This is about delivering real-world utility and shaping the long-term future of regulated markets,” said R3 CEO David E. Rutter.
R3’s client base includes major global financial institutions such as DTCC, Mastercard, Nasdaq, HSBC and J.P. Morgan. The company emphasized that regulated entities are showing more willingness to interact with public blockchain infrastructure, with regulatory shifts boosting confidence in digital assets.
Solana was chosen over Ethereum following a technical and strategic review. As part of the collaboration, Solana Foundation Board President Lily Liu will join R3’s board of directors, highlighting the depth of integration between the two firms.
R3 and Solana’s initiative comes amid broader momentum in the tokenized real-world asset sector, which is seeing increased institutional activity and investor attention.
