I used to think tokenizing a financial asset meant putting it on the blockchain. An ETF has tokens representing it and a place where it can be bought and sold—so the asset has already entered the on-chain market.

But when I look at Dusk Trade, I see MMF, ETF, bonds, and RWA all falling under the category of tokenized financial assets that Trade is aiming for. I wonder: if these assets have already been tokenized, why do we still need a separate application layer?

Dusk Trade combines the right pieces of infrastructure from Dusk and turns them into a product layer that users can actually use to access and trade tokenized financial assets.

I began to realize it. Tokenizing an asset that doesn’t yet have a financial market doesn’t automatically create one.

Maybe this is only the first step in the design. I need to observe more as Dusk operates in real life to see whether it can become a sufficiently complete financial infrastructure for tokenized assets. @Dusk #dusk $DUSK $BTC