@Delphi_Digital This feels like the important next step. Getting assets onchain is increasingly solved, making them actually usable across credit, liquidity and funding markets is where the harder infrastructure work begins.
@archetypevc The strongest RWA wedge may be regulated infrastructure that lets institutions use onchain rails without duplicating their operating stack. Private credit is a sharp test because every handoff, from underwriting to servicing, has a real reconciliation cost.