A while ago, I experienced the Hedger feature, and I must say, this design is truly brilliant. The core selling point is—transaction data is protected by default privacy, with the option to selectively reveal some proof of compliance only when regulatory audits are needed. All other information remains completely opaque to the outside world.

What impressed me the most was the speed. Large transfers take only a few seconds from submission to verification completion, with no risk of front-running. Compared to traditional on-chain transactions that feel like a "glass house" exposure, institutions previously had serious concerns—after all, no one wants their fund flows to be monitored in real-time by competitors.

This combination of privacy + compliance changes the game. Privacy is no longer optional but a fundamental infrastructure; compliance is not a heavy burden but rather a competitive barrier. Once such technology is recognized by institutions, capital inflow becomes a natural outcome.

From an investment perspective, the real moment to witness will be when institutional funds truly enter on a large scale in 2026. Hold on, the logic is very clear: the triangle of security + compliance + privacy is the standard configuration for the next wave of institutional-grade applications.