The most impressive aspect is the implementation of collaborations between DUSK and traditional financial institutions. This is not just about signing an agreement to mark a strategic partnership; it’s about genuine business integration.

A typical example is the partnership with the Dutch stock exchange NPEX. Through an MTF license, DUSK has achieved compliant exchange of financial instruments — a substantial breakthrough in combining traditional finance with DeFi. But the real heavyweight player is Cordial Systems, an institution managing $20 billion in assets. They require asset tokenization and custody, and DUSK directly meets this demand. This is not just a proof of concept but real business volume.

Looking at the collaboration with Quantoz, the successful on-chain listing of the EURQ stablecoin means euro assets now have an on-chain vehicle. The asset types within the ecosystem have diversified, and users have more options.

The common point of these collaborations is clear — genuine inflows of assets and users are directly enhancing DUSK’s influence in the traditional financial sector. Compared to projects that survive on hype, the solid foundation built through institutional partnerships like DUSK’s is the real support for the goal of "migrating the global financial market onto the chain."