2026-01-18 08:24:45

If the most testing aspect of this industry cycle is the project's strategic vision, then DUSK's choice is quite intriguing.

It didn't follow the trend to compete for traffic in the US but instead bet on the European market. On the surface, it seems niche, but in reality, it is avoiding the current intense regulatory turbulence in the US. It’s important to note that any public chain involved in the US market must tread carefully—either facing lawsuits or warnings, with the entire ecosystem walking a tightrope.

In contrast, the situation in Europe is different. Since the introduction of the MiCA regulation, although compliance requirements are indeed high, the rules of the game are at least transparent. Once you meet the standards, you truly gain a market passport, and this certainty has become a long-term competitive barrier.

What’s even more interesting is DUSK’s approach—headquartered in the Netherlands, and not just passively complying with regulations but actively becoming a participant in the system. It has invested in and taken shares in the Dutch NPEX securities exchange. The significance of this move has been seriously overlooked.

Imagine this scenario: European small and medium-sized enterprises need financing, issuing compliant tokens through DUSK’s platform, and then directly listing and trading on NPEX. The entire process, from token design to secondary market infrastructure, is already in place—this is what’s called a dimensionality reduction attack.

Other projects are still lobbying regulators for leniency, but DUSK has evolved into part of the regulatory framework itself. What does this role transformation mean? It means shifting from passively adapting to rules to actively defining them.

Looking ahead, when the wave of RWA (Real-World Asset Tokenization) truly erupts, the flow of capital will be clear—priority will go to those European projects with solid foundations and clean backgrounds, rather than US projects that constantly face legal risks. This geopolitical advantage is DUSK’s real trump card.

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MEVictim

· 6h ago

Europe's move is really clever. The US is indeed feeling the heat now, with lawsuits and warnings becoming too common. DUSK is essentially the ownership of the game rules through direct purchase. While others are still hiding, it has already become the referee. Once RWA is up, who would dare to touch America's pit? This wave really shows it. The most brilliant move in the game was NPEX, with the entire infrastructure directly ready. That's what we call dimensionality reduction. However, with Europe's strict compliance, can it really be rolled out? It's a bit uncertain.

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ImaginaryWhale

· 6h ago

Really, DUSK is playing this game brilliantly. While others are still rushing around in the US to claim territory, it has already turned around and started laying the groundwork in Europe. Europe may seem slow, but in fact it's stable. Transparent rules mean manageable risks. Looking at it from another perspective, this is a form of competitiveness. I didn't expect the move to invest in NPEX. This isn't just about compliance; it's about directly becoming a rule-maker in the game. When RWA gains momentum, the investment logic becomes very ruthless—who would choose high risk? Certainly projects with a solid foundation like those in Europe. Others lobby regulators, but DUSK simply becomes part of the system. Their approach is indeed different. What seems niche is actually betting on the right direction. Such foresight is truly rare.

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LowCapGemHunter

· 6h ago

The selling point is a good selling point, it all depends on whether it can last until that day. I've heard too many times that Europe is a compliance paradise. Not to mention, whether NPEX dares to truly make a move on that chessboard is another story. Now, those betting on Europe all speak nicely, but when the SEC really targets a European project, let's see how they run. However, the approach from the Netherlands headquarters is indeed somewhat impressive; at least the attitude is right.

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OnchainHolmes

· 6h ago

DUSK's move is quite interesting; instead of avoiding regulation, embedding itself within the regulatory framework has become a moat. Europe doesn't have as many tricks, but once the rules are set, you can sleep peacefully. That move by NPEX was a bit ruthless, directly shifting from being regulated to becoming part of the regulators. With RWA taking off, big funds will definitely prioritize projects with solid fundamentals. Things are really getting annoying over in the US right now. But Europe's market is so small—can it really support this... This approach is much smarter than those projects that keep shouting about going to the US. It smells like a dimensionality reduction attack; others are still worried about compliance. By the way, DUSK should have played like this a long time ago. What are they waiting for? MiCA has indeed changed the game; it seems Europe is the next big opportunity.

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ForumLurker

· 6h ago

Wow, this move is truly brilliant. Meanwhile, others are still playing cat and mouse games in the US, but DUSK has already become the rule maker. Now I understand why so many US projects are moving to Europe. It's not niche; it's a way out. This step by NPEX has really been underestimated; they've directly laid the infrastructure over at RWA.

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