Rayls Private Subnets, also sometimes called VEN (Value Exchange Networks), are self-sufficient EVM networks made for financial institutions.

They allow a financial institution or FMI (Financial Market Infrastructure) to have an EVM network that is highly scalable and where participants can transact with total privacy.

Rayls Private Subnets can optionally be connected to the Rayls Public Chain to unlock new use cases such as:

• Send/receive tokens privately between different Private Subnets
• Interact with DeFi protocols
• Allow their end-users to use a Public EVM Chain in a fully KYC'd environment
• Access liquidity from other Private Subnets and from other Public Chains

Private Subnet components

Private Subnets are made of three major components that together, enable the privacy, scalability and interoperability.