Svmuu News: 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 liquidation or investor verification can take days and require repetitive manual compliance checks.
He pointed out that dedicated Layer 1 blockchains can embed eligibility requirements, geographic restrictions, and transfer rules directly into assets, bringing execution, ownership, settlement, and reconciliation into a single verifiable state. Zignaly has expanded to over 500,000 users, with trading volume exceeding $10 billion. Abdul Rafay Gadit stated that the key to RWA tokenization lies not in minting tokens, but in the underlying structures such as legal ownership, custody, valuation, redemption, and eligible holders.