Evidence of Market Validation

The partnership between Dusk Network and NPX Markets shows that this approach works in the real world. NPX is moving over 300 million units of equities and bonds onto blockchain in a full commercial rollout, not just a test or pilot.

NPX operates under strict EU regulations like MiFID II and GDPR. By choosing Dusk, NPX is saying that Dusk can meet key regulatory needs at the same time:
market monitoring, investor protection, and data privacy.

This means regulated securities are moving onto blockchain with official oversight, not in legal grey areas.

This move also matches wider regulatory progress. In December 2024, the EU introduced MiCA, the first major digital asset law across a large economic region. MiCA requires crypto companies to:

- hold capital reserves

-monitor transactions

- protect customer funds

- register with regulators

These rules favour blockchains that were built for compliance from the start, instead of trying to add it later. Systems like this face fewer barriers when institutions want to adopt them.

_____________________

The Settlement Layer Question

Global markets settle more than $30 trillion every day using centralized systems like clearinghouses and banks. These systems work, but they are slow and costly. They suffer from:

- settlement delays

- high reconciliation costs

- counterparty risk

- limited operating hours

For institutions, compliance comes first, speed comes second.

A system that settles faster but cannot pass audits or protect sensitive data will not be used, no matter how good the tech is.

So the key question is:

Can a blockchain work inside existing financial rules while still improving efficiency?

To do that, it must provide:

strong privacy for sensitive data

enough transparency for regulators

governance that fits institutional risk standards

@Dusk ’s work with NPX shows that at least one regulator believes this is possible.
Now the market will decide whether this model can grow beyond one partnership and become a widely used financial infrastructure.


#Dusk $DUSK