RDX Works is a product studio best known as core contributors to the Radix network. The company was founded by Dan Hughes in 2017 as Radix DLT but changed its name on 10th November, 2021.
RDX Works was originally founded as Radix DLT by Dan Hughes in 2017. The company changed its name to RDX Works in November 2021.
In October 2020, RDX Works raised £9.82m from its token sale of $eXRD.
Investor Saul Klein was removed as a director on the 5th June 2023.
RDX Works has a mission to provide builders with the tools they need to replace traditional financial systems with a highly interconnected network of user-first DeFi apps and assets. These tools are built on top of the Radix public ledger, a record of all transactions that have ever occurred on the Radix Public Network.
RDX Works describes Radix DLT as the only decentralized network where developers can build quickly without the constant threat of exploits and hacks. It is designed to reward every improvement and aims to never be a bottleneck in terms of scale.
Instapass is designed to make compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations simple for DeFi users, protocols, and applications1.
This tool is intended to simplify the process of moving crypto assets between different financial ecosystems.
GoodFi is a not-for-profit initiative that aims to make entering the world of DeFi as easy as possible. Its members include Aave, Sushiswap, Avalanche, and others.
Mr Robert Olsen presented a claim of unfair dismissal against Radix DLT Limited. Following an early conciliation period, the claimant initially had legal representation. However, by 31 October 2019, the firm of solicitors that represented the claimant ceased to act for him. Subsequently, the respondent's response was sent directly to the claimant's email. Despite the respondent's numerous attempts to engage with the claimant, they faced challenges with communication, as the claimant was largely unresponsive.