I went back through Dusk's institutional partnerships and found one detail about 21X that I think deserves way more attention.
21X isnot just another RWA project integrating with Dusk.
It is the first company to receive Germany's DLT-TSS license for a fully tokenized securities market.
& the important part of that license is what it allows.
Traditionally trading & settlement are separate pieces of the financial system.
A trade happens on one platform.
Then settlement moves through another layer.
21X is authorized to combine those functions inside a single DLT Trading and Settlement System.
That means the trade & settlement process can happen together onchain with atomic settlement.
That is a very different proposition from simply putting a security certificate on a blockchain.
And this is where Dusk's partnership starts making more sense to me.
Dusk provides the blockchain infrastructure.
21X brings regulated DLT market infrastructure.
The goal is not just:
tokenized asset + blockchain.
It is: regulated trading + regulated settlement + programmable infrastructure.
And there is another interesting piece.
21X plans to integrate DuskEVM as one of its supported blockchains.
So Dusk isnot only trying to create assets.
It is trying to become infrastructure that regulated venues can actually plug into.
That is a much higher bar.
I am curious how far this model can go once more regulated venues connect to the same infrastructure.
Because if trading and settlement can genuinely converge onchain the efficiency gain could be much bigger than simply reducing the time needed to transfer a token.
Do you think combining trading and settlement on-chain is the ultimate unlock for institutional RWA adoption?
#dusk $DUSK @Dusk
21X isnot just another RWA project integrating with Dusk.
It is the first company to receive Germany's DLT-TSS license for a fully tokenized securities market.
& the important part of that license is what it allows.
Traditionally trading & settlement are separate pieces of the financial system.
A trade happens on one platform.
Then settlement moves through another layer.
21X is authorized to combine those functions inside a single DLT Trading and Settlement System.
That means the trade & settlement process can happen together onchain with atomic settlement.
That is a very different proposition from simply putting a security certificate on a blockchain.
And this is where Dusk's partnership starts making more sense to me.
Dusk provides the blockchain infrastructure.
21X brings regulated DLT market infrastructure.
The goal is not just:
tokenized asset + blockchain.
It is: regulated trading + regulated settlement + programmable infrastructure.
And there is another interesting piece.
21X plans to integrate DuskEVM as one of its supported blockchains.
So Dusk isnot only trying to create assets.
It is trying to become infrastructure that regulated venues can actually plug into.
That is a much higher bar.
I am curious how far this model can go once more regulated venues connect to the same infrastructure.
Because if trading and settlement can genuinely converge onchain the efficiency gain could be much bigger than simply reducing the time needed to transfer a token.
Do you think combining trading and settlement on-chain is the ultimate unlock for institutional RWA adoption?
#dusk $DUSK @Dusk