Most RWA Is a Voucher Dusk Is Building the Exchange Layer
Most RWA projects today are just issuing tokenized “vouchers” on Ethereum, while ownership, privacy, and settlement logic remain broken. Public execution environments expose positions and strategies, making them unsuitable for serious financial markets.
Dusk Network takes a different route. Live on mainnet in early 2026, Dusk is built from the ground up with its own architecture, including the Piecrust VM and the Citadel protocol. Transactions are private by default, yet regulators can audit through selective disclosure—aligning natively with frameworks like MiFID II.
This is why licensed exchange NPEX is moving real securities on-chain using Dusk. Combined with SBA consensus and privacy staking, Dusk isn’t riding the RWA trend—it’s rebuilding the financial clearing layer itself.
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