The final Project Acacia report is generating a lot of good discussion, and itβs great to see the broader conversation around tokenized wholesale markets picking up.
A lot of people are highlighting the involvement of big names like
#XRP,
#Hedera, and others β and they deserve credit for their participation. But I think itβs important to also recognize
#RedbellyNetworkβs role, because it was one of the public DLT platforms that was actively used across multiple live pilots.
From the report:
β’ Redbelly was used in the Australian Bond Exchange (ABE) corporate bond pilot β live secondary market transactions with tokenized corporate bonds settled using pilot wCBDC.
β’ It powered the Macropod Corporate Bond pilot (issuance, secondary trading, coupon payments, and maturity).
β’ It supported the NotCentralised Collateralised Loans pilot for structuring and managing tokenized securities backed by loans.
β’ It was also part of the
#Fireblocks Corporate Bond with Interchange PoC for issuance, trading, settlement, and stablecoin interchange.
#Redbelly consistently served as the public DLT platform in these regulated experiments alongside major institutions and Fireblocks. This isnβt just another mention β itβs real validation that a public, decentralized chain was tested in live institutional environments with the
#RBA and
#DFCRC.
Itβs easy for the bigger, more established names to dominate the conversation, but Redbellyβs performance in these pilots shows the strength of its approach: deterministic finality, native compliance tools, and the ability to handle regulated assets on a public network.
This report is a solid step forward. Excited to see how the next phase unfolds as adoption starts to scale.
#ProjectAcacia #RWA #Tokenization #Redbelly #RealWorldAssets