what's Redbelly Network?
Redbelly Network is a layer-1 blockchain designed specifically for the tokenization of real-world assets (RWAs), enabling compliant on-chain representation of assets like private equity, carbon credits, and rental contracts. Built in collaboration with the University of Sydney and Australia's CSIRO, it incorporates formal verification to ensure security and reliability, addressing common blockchain vulnerabilities such as forks. The network supports high throughput (up to 15,000 TPS) with zero failed transactions since testnet, using a unique consensus mechanism that combines Byzantine fault tolerance with linear scalability. The native token, RBNT, serves as the gas for transactions and incentivizes network participation. Redbelly emphasizes regulatory compliance through features like zk-KYC and digital registries, bridging traditional finance with blockchain by allowing seamless, legally enforceable tokenization. This positions it as infrastructure for institutional adoption in the RWA sector.
Redbelly partners AMAL/IQ-EQ on RBA CBDC pilot, institutional tokenization.
Uses Dynamic for user onboarding with email and social logins, cross-chain wallet deposits, and embedded wallet functionality.
Partnership with AMAL/IQ-EQ includes Central Bank Digital Currency work under Reserve Bank of Australia pilot program.
Global administrators AMAL/IQ-EQ apply tokenization across securitization, fund servicing, and asset lifecycle management. AMA scheduled for December 8 to discuss institutional tokenization applications.
Partnership with Goldsky provides official subgraph deployment support for the network.
Ranks #9 among projects with the biggest 7-day percentage increase in token holder count.
New cross-chain bridge deployment allows movement of USDT, USDC, WBTC, ETH, LQDX, and RBNT across multiple chains.
New whitepaper released focusing on AI-ready infrastructure and tokenized asset solutions.
Reserve Bank of Australia selects blockchain for CBDC issuance, marking first major central bank implementation.
Single-day tokenization of $28m in assets surpasses current circulating market cap, indicating significant value disparity.
$28B in real world assets tokenized on-chain and secured, including Buckhorn Mine coal reserve for CO₂ avoidance.
$55 billion in tokenized assets, including carbon credits and mining assets, to be listed within 2 weeks.
Asset integration of $20+ billion scheduled to commence within weeks.
$1B in on-chain assets versus $19M market cap indicates significant value disparity in RWA sector.
Achieved 73,158 tx/s throughput measured over 100 blocks, with theoretical max of 666,970 tx/s, ranking third according to Chainspect testing.
Market cap dropped from ATH of $400M to $31M. Has $974M in on-chain verified assets with billions more expected.
January 2025 metrics: $1B+ in assets reported, 750k wallets KYC'd, 2.4m transactions, 2.1m blocks processed. Liquidise tokenized $736M in assets, Hutly onboarded $210m in real estate. 120m RBNT distributed through testnet rewards.
Project with 9 years development and $70 billion tokenized assets on chain. Current market cap below $60 million.
Airdrop checker went live. Claims open January 28th 9:00 AM UTC until March 18th 8:59 AM UTC. KYC mandatory for claims.
Checker now live for Galxe participants, testnet participants, and node runners. Current trading price at $0.1 per RBNT.
Trading at channel lows in January 2025, previously saw 80%+ retracements.
Mainnet launched 1 month ago, requires KYC for access to regulatory-compliant blockchain.
RENDER token receiving upgrade rewards on Upbit as announced December 26, 2024.
70B in TVL, 2 trillion in pipeline mentioned. Price target of 1 USD discussed.
Trading above 30 cents, broken out of range. First mentioned in February 2024.
Has pipeline of $2T worth of RWAs to be tokenized, on top of current $70B. Market cap at 340M.
Mentioned as performing well with strong upward price movement.
Token launched this week with $70 billion in on-chain assets.
Found listed on MEXC exchange, with December 17th mentioned as important upcoming date.
Token launching December 17, circulating market cap $40M, diluted market cap $400M, TVL $74B.
Mainnet officially live after 33M testnet transactions. Team is doxxed with multi billions confirmed FDV.
Token Generation Event (TGE) expected in next few months. Claims over $70B in tokenized assets with more in pipeline.