According to ME News, on July 18 (UTC+8), Abdul Rafay Gadit, co-founder of Zignaly and the Layer 1 network Zigchain, stated that traditional wealth management relies on slow, expensive, and siloed settlement layers, where asset settlement or investor verification can take days and require repetitive manual compliance checks. He noted that a dedicated Layer 1 blockchain can embed eligibility criteria, geographic restrictions, and transfer rules directly into assets, ensuring that execution, ownership, settlement, and reconciliation all occur within a single verifiable state. Zignaly has expanded to over 500,000 users with trading volume exceeding $10 billion. Abdul Rafay Gadit emphasized that the key to RWA tokenization is not minting tokens, but rather the underlying infrastructure—legal ownership, custody, valuation, redemption, and qualified holders. (Source: ODAILY)
Zignaly Trading Volume Exceeds $10 Billion; Founder Highlights RWA Tokenization Structure
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Zignaly's trading volume has exceeded $10 billion, with real-world assets (RWA) news gaining momentum as a key growth driver. Founder Abdul Rafay Gadit emphasized that RWA tokenization depends on legal ownership and custody structures, not merely token minting. He noted that crypto compliance can be embedded into assets through a dedicated Layer 1 blockchain, streamlining settlement and verification. Zignaly now serves over 500,000 users, utilizing a framework aligned with the needs of RWA tokenization.
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