By 2026, RWA in the crypto market will no longer be just marketing jargon; it will truly become the hot spot that everyone is vying for. But after years of struggling in this industry, I’ve come to see a reality: the vast majority of projects are still playing the game of "mapping offline assets and issuing tokens." If liquidity issues can't be solved and legal compliance hurdles can't be overcome, progress remains elusive.

It wasn't until I recently saw DuskTrade's plans that I felt this track might really be heading into deeper waters.

Why do I say that? Let's first look at its partnerships. Dusk Foundation didn't choose to go solo but instead teamed up with the regulated Dutch securities exchange NPEX. NPEX holds the EU's MTF multilateral trading facility, broker, and ECSP licenses. That means assets on DuskTrade's blockchain are compliant from day one. This is fundamentally different from those projects operating on the edge of legality.

Now, look at the scale of data. DuskTrade aims to bring over €300 million worth of tokenized securities onto the blockchain. It sounds like a number, but behind it are the equity, bonds, and investment funds of thousands of small and medium-sized enterprises. Once these assets are digitized, issued, traded, and automatically dividend-distributed on Dusk's Layer 1 network, previously unwanted unlisted equity can gain global liquidity. This is the true value of RWA—not hype, but enabling real assets to regain vitality.