The $160T number keeps coming back in RWA conversations, and honestly, I’ve started looking at it differently.
I’ve been around crypto long enough to see how this works. Someone publishes a massive forecast, it gets repeated everywhere, and eventually the forecast starts feeling like the opportunity itself.
That’s what makes me pause with Dusk.
The real question isn’t how big tokenization might become. It’s how much of that market Dusk can realistically reach.
Dusk has something I do think is interesting. Its infrastructure was built with regulated securities in mind, Zedger follows MiFID II principles, and the NPEX connection gives it a real link to Europe’s regulated market structure.
But I keep coming back to the same problem. Europe is one market, not the whole world.
MiCA gives Dusk an important regulatory environment to work within, but securities still fall under existing financial rules. Meanwhile, the U.S., Singapore, and the Middle East are building around their own legal systems and market structures.
I’ve seen this before in crypto. A regional advantage gets talked about like a global moat, until another jurisdiction builds its own version.
That doesn’t make Dusk’s position weak. It just makes the story more complicated.
I’m not sure yet whether European specialization becomes Dusk’s strongest advantage or its natural limit.
And honestly, that question interests me far more than the $160T headline.
@Dusk_Foundation #dusk $DUSK
$RED $CLO
I’ve been around crypto long enough to see how this works. Someone publishes a massive forecast, it gets repeated everywhere, and eventually the forecast starts feeling like the opportunity itself.
That’s what makes me pause with Dusk.
The real question isn’t how big tokenization might become. It’s how much of that market Dusk can realistically reach.
Dusk has something I do think is interesting. Its infrastructure was built with regulated securities in mind, Zedger follows MiFID II principles, and the NPEX connection gives it a real link to Europe’s regulated market structure.
But I keep coming back to the same problem. Europe is one market, not the whole world.
MiCA gives Dusk an important regulatory environment to work within, but securities still fall under existing financial rules. Meanwhile, the U.S., Singapore, and the Middle East are building around their own legal systems and market structures.
I’ve seen this before in crypto. A regional advantage gets talked about like a global moat, until another jurisdiction builds its own version.
That doesn’t make Dusk’s position weak. It just makes the story more complicated.
I’m not sure yet whether European specialization becomes Dusk’s strongest advantage or its natural limit.
And honestly, that question interests me far more than the $160T headline.
@Dusk_Foundation #dusk $DUSK
$RED $CLO