The concept of RWA is once again igniting a wave of enthusiasm. DUSK recently completed a €300 million asset tokenization project on the NPEX exchange, with a single-day surge of 81%, ultimately closing up 66.57% at $0.1251. Behind this market movement, it's not just short-term emotional release; more importantly, institutional funds see the valuation restructuring opportunities brought by real-world products.

Why is this €300 million asset tokenization so critical? The core lies in breaking down the wall between traditional finance and digital assets. The collaboration model between DUSK and NPEX is quite comprehensive—from screening European securities assets, on-chain registration, to compliant clearing, the entire chain is closed-loop and fully compliant with the EU MiCA regulatory framework, directly solving the compliance issues that trouble institutional investors. Compared to those purely conceptual RWA projects, DUSK’s approach is truly practical.

The pace of institutional money entering is quite aggressive. Data shows that the number of long whales jumped from 71 to 110, a 55% increase. The long-short ratio is even more astonishing, soaring 250% to 1.89, completely reversing the market’s long-short landscape. The total position value skyrocketed to $6.1 million, up 258%. More importantly, 78% of long positions are profitable, creating a scenario where shorts are squeezed tightly, further driving up the gains.

Other factors also contribute to institutions continuing to increase their positions. The annualized staking yield of 30% is quite attractive, combined with market expectations of real-world project implementation. Multiple factors stacking up, this wave of growth shows considerable resilience.