Dusk is a Layer 1 public chain focused on privacy and compliance, with 8 years of roots in this track. The project adopts a modular architecture combined with zero-knowledge proof technology to directly address several major industry pain points—ensuring data privacy while meeting regulatory requirements.

On the technical side, Dusk has formed strong partnerships with leading infrastructure providers such as Chainlink and NPEX. Notably, they have successfully completed a securities tokenization project worth 300 million euros and obtained MiCA compliance certification. This is not just theoretical; it is a tangible implementation case. The built-in Hedger privacy engine can guarantee data confidentiality while retaining auditability, which is crucial for traditional finance entry.

In terms of ecosystem development, the EVM-compatible mainnet is set to launch in 2026, supported by a 15 million token ecosystem fund to incentivize developers and applications. Currently, the market cap is only $27 million, which, considering their technical expertise and the explosive potential of the RWA track, suggests this valuation may still be in the early stages. For participants optimistic about the long-term development of the privacy + compliance track, this is an opportunity not to be overlooked.