Recently, a phenomenon has been dominating the headlines—RWA (Real World Asset) projects are popping up everywhere, but only a handful truly attract traditional institutions to invest real money and collaborate. Honestly, it’s like opening a high-end club; simply luxurious decor is useless. You need to make people feel that doing business here is safe, respectable, and efficient.

The interesting part is that Dusk happens to be building this kind of "sense of security." Instead of focusing on a single application, it has established a complete service ecosystem covering asset issuance, compliance verification, and cross-chain circulation. Traditional capital doesn’t come in just to see a specific tech product; they see a usable service framework.

How does this ecosystem’s depth manifest? A concrete example makes it clear—after NPEX’s stocks are tokenized via Dusk, these assets are not just tradable. They can seamlessly connect to Chainlink’s oracle network for real-time pricing, and in the future, they could even cross chains to other DeFi protocols as collateral for lending. This "plug-and-play" interoperability turns each partner into a growth engine for the ecosystem.

Supporting data: Digital Asset Research shows that over 60% of institutions consider "comprehensive ecosystem" one of the top three factors when evaluating RWA solutions. Dusk’s compliance integration with the Dutch Financial Markets Authority and its technical integration with mainstream oracles create a short-term competitive barrier that’s hard to replicate.

Once this ecosystem starts generating network effects, things become different. Dusk has long surpassed just the blockchain layer...