On the Layer 1 battlefield, what exactly allows Dusk to break through the encirclement? To put it simply, it's two words—precision. It has identified the industry's two core pain points: compliance and privacy, and then used technology and ecosystem development to turn these pain points into a moat.

Since its establishment in 2018, Dusk's strategy has remained unchanged—providing infrastructure for regulated financial scenarios. It may sound a bit "niche," but now it seems this move is paying off. RWA (Real-World Assets) is booming, compliant DeFi is gaining momentum, and its early positioning is now starting to realize value.

What is the most direct manifestation? Compliance.

Most public chains advocate "regulation-free freedom," but Dusk takes the opposite approach, proactively aligning with regulatory frameworks from the very beginning. This may sound like self-imposed restrictions, but in fact, it's quite the opposite—its modular architecture is inherently adaptable to various financial regulatory requirements, something others can't change in the short term.

Looking at recent major moves: the partnership with Dutch compliant exchange NPEX. NPEX holds three full licenses—MTF (Multilateral Trading Facility), Broker, and ECSP (Electronic Money Institution Service Provider). What does this mean? It means DuskTrade platform can directly connect with traditional financial assets and investors, truly enabling cross-market compliant trading.

Numbers speak for themselves—300 million euros worth of tokenized securities are already on the chain. This not only brings tangible assets into the Dusk ecosystem but more importantly, traditional financial institutions have voted with their actions, proving that they see this technology as reliable. The combination of "regulatory endorsement + asset injection" is a move that other projects are still figuring out how to implement.