I am particularly opposed to projects that are just stories without practical implementation. There are too many of these in the market; no matter how beautifully they are presented, they are just betting on emotions. I prefer those infrastructure projects that can truly be used and have real value.

One project has been sticking to a single approach since 2018: compliance, privacy, and native finance. It sounds simple, but actually doing it? Very difficult. Most projects have already compromised.

Their product launching this year is quite interesting—not some vague RWA concept, but directly collaborating with a regulated Dutch exchange to bring over €300M+ in securities assets onto the chain. Consider this logic: instead of going on-chain first and then ensuring compliance, they operate within a "regulatory-permitted" framework from the start. This approach is different.

Additionally, their EVM solution has been underestimated by many. Some think that another EVM chain isn’t a big deal, but the key isn’t competing with other chains for developers. The real significance is—reducing the costs for traditional finance and large institutions to enter blockchain. Solidity developers can use it directly, it’s built on their own L1 settlement layer, and it natively integrates privacy. This combination clearly aims at a specific goal: truly practical compliant DeFi and RWA.

That’s why I believe the tokens of such projects are more like valuations of financial infrastructure rather than tokens for speculative betting.