Financial on-chain has always faced an awkward dilemma: how to protect user privacy while meeting the transparency requirements of regulatory audits? Dusk is providing an answer through technological innovation.

As a Layer 1 public chain focused on financial scenarios, Dusk has been contemplating this issue since 2018. Its core weapon is the Hedger privacy solution—using advanced encryption technology to create a "privacy shield" on the chain. Transaction details are invisible to outsiders, but regulatory agencies can verify their legality, achieving a balance of "selective visibility."

In terms of ecosystem progress, there are two key actions this year. The DuskEVM compatibility layer will go live in mid-January, allowing developers to deploy applications as easily as on Ethereum, which means compliant DeFi and asset tokenization scenarios will be unlocked. More importantly, DuskTrade—Dusk's first real-world asset application—is in development. It is a collaboration with the Dutch compliant exchange NPEX, planning to bring over €300 million of traditional securities (stocks, bonds, etc.) onto the chain for trading. The waiting list opened in January.

Through modular design that balances privacy and compliance from the ground up, Dusk is making steady progress on the path to institutional-grade applications.