RLN UK: first-place interoperability solution bridging EVM and Corda networks for private institutional settlement

Kaleido was awarded first place in the RLN UK hackathon by demonstrating how financial institutions can bridge value between an EVM ecosystem and the RLN network, enabling programmable, privacy-preserving asset and payment flows.
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Background

The UK Regulated Liability Network hackathon challenged financial institutions and technology providers to demonstrate how regulated digital money could interoperate across different network architectures. The initiative focused on bridging the gap between emerging tokenized asset networks and the RLN payment infrastructure built on Corda.

Challenges

The solution needed to demonstrate that confidential tokenized assets and payments could flow seamlessly between an EVM-based bond network and the Corda-based RLN money network, meeting enterprise confidentiality requirements while preserving the composability and programmability that makes tokenized settlement compelling.

Kaleido's role

Kaleido used Digital Assets Studio to orchestrate interoperable flows between an EVM-based bond network and RLN money, leveraging ERC standards for tokenized assets. Paladin was used to deliver full privacy for cash and bond transactions, meeting enterprise confidentiality requirements. The demo showed how financial institutions can combine RLN money with confidential ERC-20 and ERC-1400 assets to enable instant, private settlement, highlighting the power of composability between private and public chain ecosystems.

1st
Place in RLN UK hackathon
Awarded first place by UK Finance for demonstrating EVM to Corda interoperability with programmable privacy
ERC-20 + ERC-1400
Token standards used
Confidential tokenized assets enabling instant private settlement across network boundaries
Full privacy
Cash and bond transactions
Paladin delivering enterprise-grade confidentiality across both asset and payment legs of settlement

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