Is on-chain tokenization of real-world assets (RWA) truly feasible? This question has been debated in the blockchain community for years, but most projects remain at the pilot stage. The fundamental issue is simple—balancing the privacy needs of institutions with strict compliance requirements, which are often difficult to satisfy simultaneously.

Until recently, the situation began to change.

In early 2026, the Dusk Foundation announced a deep collaboration with a regulated exchange in the Netherlands. This was not just technical integration but a comprehensive legal and financial process overhaul. According to the partnership plan, securities assets worth hundreds of millions of euros—including equity, bonds, and various debt instruments—are gradually being migrated onto the blockchain. This signifies that asset tokenization has moved beyond conceptual discussions into real commercial-scale applications.

Most importantly, these assets, when operating on the Dusk network, fully comply with EU financial regulations. Every transaction step is auditable, balancing transparency and compliance perfectly.

The core of this solution is an asset tokenization protocol called ZeZhe. It is tailored for regulated assets, with the most innovative feature being programmable compliance logic. Imagine complex legal restrictions—such as geographic restrictions on holders, lock-up periods, and transfer limitations—being directly embedded into the asset’s code. When an asset transfer occurs, the network automatically verifies whether the transaction parties meet these conditions using zero-knowledge proofs. The entire process requires no manual intervention, yet compliance is maintained without compromise.

This is truly an institutional-grade solution.