In 2026, the RWA (Real-World Asset) track is experiencing a true wave of淘沙 (shakeout). Projects that relied solely on whitepapers for fundraising are no longer in the market; instead, an era that emphasizes硬实力 (hard实力) and implementation能力 (execution capability) has arrived.

Against this backdrop, Dusk Network's mainnet officially launched on January 7th. This event is much more profound than it appears on the surface. It signifies that blockchain infrastructure has finally reached the technical conditions to support traditional securities markets worth trillions.

**Why have Wall Street and European banks been watching from the sidelines?**

The answer is simple—two core pain points have persisted for years: privacy and compliance. Large banks cannot expose their holdings on fully transparent public blockchains, nor can they accept unregulated, fully anonymous systems. It seems like a deadlock, but Dusk has found a third way.

It builds a "privacy-first, audit-optional" architecture using zero-knowledge proof technology. It sounds abstract, but the actual effect is: business secrets are protected, while regulators can see the necessary information. This is exactly what institutions under the EU MiCA regulation are dreaming of.

**A real turning point has arrived.**

Yesterday, Dusk announced a deep collaboration with the Dutch regulated exchange NPEX to migrate over €300 million of traditional securities assets onto the chain. This is not just a proof of concept but real asset on-chain. The first blockchain-native securities trading center in Europe has taken shape.

Through the DuskTrade platform, these assets can be traded 24/7, with no trading halt. Settlement times, which traditionally take T+2 or longer in finance, are now completed in seconds. From another perspective, this reflects a capital efficiency increase of tens of thousands of times. The SWIFT system and traditional clearing mechanisms are gradually being marginalized.

This is not hype; it is an upgrade of institutional-grade infrastructure.