Europeβs RWA opportunity goes deeper than another tokenized wrapper.
Bonds, private credit, equities and commodities need access rules, privacy, disclosure and settlement to work together.
Dusk provides the infrastructure to bring regulated financial assets onchain.
Insightful as always.
This is exactly why I think Europe is such an obvious opportunity for RWAs.
Bonds, private credit, company debt and crowdfunding are enormous markets here, yet barely exist on-chain. Add equities and commodities, then make all of it usable as productive collateral.
I also highly doubt there's much money in being yet another intermediary issuing wrapped Google, Tesla, Nvidia, Amazon or US debt, taking a cut and pushing up costs for end-users.
The opportunity is bringing markets on-chain that aren't already there, not issuing the 100th wrapper of the same assets.