Real assets on-chain (RWA) are expected to be a trillion-dollar track, but an unavoidable pain point has always stood in front—how to meet strict financial regulatory requirements while protecting the commercial privacy of both parties in an open and transparent blockchain world?

Traditional financial assets like bonds, stocks, real estate, and private equity funds are inherently "sensitive." Once the data involved is exposed on a public chain, the risks cascade: market participants may target precisely, regulatory authorities cannot find compliant excuses to approve, and ultimately the project can only be shelved. This is why, by 2026, despite increasingly完善的监管框架, many RWA projects still face dilemmas because they cannot balance these contradictions.

A project’s approach is worth examining. DuskTrade, a platform collaborating with the Dutch licensed exchange NPEX, plans to migrate over €300 million of tokenized securities onto the chain by 2026. At first glance, this is just a number, but the compliance backing behind it is solid—NPEX holds multiple licenses including the EU Multilateral Trading Facility (MTF) and ECSP, meaning from the moment the project was born, it carries the identity of a "formal army."

From a technical perspective, how is this done? The platform uses DuskEVM to deploy tokenized securities contracts. The real magic lies in the Hedger tool—when a transaction occurs, it automatically encrypts position amounts, counterparty information, and fund flows. Only at necessary moments such as clearing, tax reporting, or regulatory audits does the system decrypt relevant data selectively through permission keys. This design allows institutional investors to participate boldly, without worrying about business secrets leaking to competitors, and regulators can also access complete audit information when needed. It sounds like it unifies the seemingly opposing needs of "privacy" and "transparency."