Tokenizing an RWA is more than bringing the asset onchain.
A tokenized security still needs investor eligibility, transfer restrictions, reporting obligations, and controlled disclosure.
Who can buy.
Who can hold.
Who can transfer.
What must be reported.
Who can review specific information.
Those requirements are part of the financial product. They do not disappear when the asset is tokenized.
If every transfer exposes positions, balances, counterparties, eligibility checks, and review activity, it leaves a public trail of sensitive financial information.
Regulated markets need confidentiality, so balances, positions, and transfers are not exposed to everyone.
They need compliance logic inside the product, so eligibility and transfer conditions can be enforced.
They need controlled review, so issuers, venues, auditors, and regulators can access specific information when disclosure is required.
Dusk addresses this through a modular stack for programmable privacy, privacy-preserving smart contracts, selective disclosure, compliance-aware asset rules, and deterministic settlement.
That is the infrastructure regulated finance needs for tokenized securities to come onchain.
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