@Dusk Most chains still feel like single-purpose plumbing: pick one product, force everything through it, then wonder why regulated finance doesn’t fit. Dusk takes a more modular approach. It separates the “what” (a security’s lifecycle and rules) from the “how” (contracts and execution), and it bakes privacy into smart contracts so sensitive details don’t have to be broadcast to the world just to prove compliance. Tokenization is entering its “real world” phase: pilots, filings, and institutional rails. Regulators are now co-authoring the rulebook, not watching from the sidelines. That’s why privacy-preserving infrastructure matters—if you can run issuance, trading, and settlement with selective disclosure, you’re not selling theory. You’re selling something institutions can actually use.