Abdul Rafay Gadit, co-founder of Zignaly and the Layer 1 network Zigchain, said the bottleneck in traditional wealth management lies in slow, expensive and fragmented settlement rails rather than token issuance itself. He said asset liquidation and investor verification can take days under the current model, with firms often repeating manual compliance checks across separate systems.
Gadit said a purpose-built Layer 1 blockchain can encode eligibility requirements, geographic restrictions and transfer rules directly into the asset, allowing execution, ownership, settlement and reconciliation to exist in a single verifiable state. He also shared operating figures for Zignaly, saying the platform has grown to more than 500,000 users and has processed over $10 billion in trading volume.
On real-world asset tokenization, Gadit said the hard part is not minting a token. He pointed instead to the underlying legal and operational framework, including legal ownership, custody, valuation, redemption and the definition of qualified holders. His remarks frame RWA tokenization as an infrastructure and compliance problem, not just a technical issuance process.
Odaily reported that Abdul Rafay Gadit, co-founder of Zignaly and the Layer 1 network Zigchain, said traditional wealth management still relies on settlement layers that are slow, expensive and isolated from one another. Under that setup, asset liquidation or investor verification can take days, while compliance checks are often repeated manually.
Gadit said a purpose-built Layer 1 blockchain can embed eligibility requirements, geographic restrictions and transfer rules directly into the asset itself. In his description, that puts execution, ownership, settlement and reconciliation into one verifiable state.
He also said Zignaly has expanded to more than 500,000 users and has recorded more than $10 billion in trading volume.
On real-world asset tokenization, Gadit said the key issue is not minting the token. He said the real foundation lies in the underlying structure around legal ownership, custody, valuation, redemption and qualified holders.
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