On the on-chain and compliance spectrum, the market has been seeking that balance point. What Dusk is doing is quite interesting—using zero-knowledge proof technology to completely hide the transaction data details that financial institutions fear the most, while still leaving a transparent audit trail for regulators. This privacy-preserving yet controllable design directly alleviates institutional investors' concerns about decentralized ledgers.

Look at licensed exchanges like NPEX, which are now willing to move hundreds of billions of euros worth of securities assets onto the chain. The underlying logic is that the combination of privacy protection and compliance tools makes this possible.

By 2026, the RWA track will shift from conceptual hype to real infrastructure competition, becoming increasingly fierce. Dusk’s ability to operate comfortably within the EU MiCA regulatory framework hinges on its protocol-level privacy protections and built-in compliance features. The SBA consensus pursuit of instant settlement finality directly addresses institutional demands for efficiency. The launch of DuskEVM is even more clever—it is compatible with the Ethereum ecosystem’s toolchain while retaining native privacy features, making tokenization of real assets no longer a technical point of contention.

In essence, Dusk is redefining the relationship between privacy and compliance through innovations at the algorithmic layer. It’s not about tearing down walls but opening a trusted window on the wall. In an era where efficiency wins, whoever holds the key to compliant liquidity will also hold the interface between traditional finance and the on-chain world.