The thing that stands out about KAIO is how they've baked compliance into the foundation rather than bolting it on as an afterthought. That's a game-changer for asset management—makes everything more programmable and actually functional onchain without having to wrestle against the existing infrastructure.

Another project catching the eye is Integra Layer, a real estate-focused L1 that's taking an interesting angle on infrastructure. What's compelling is how different teams are tackling onchain asset management from different entry points—some through compliance-first design, others through domain-specific chains. The market's starting to see that native L1 solutions with built-in compliance frameworks could unlock a whole new category of institutional use cases.