$REALa blockchain infrastructure provider focused on tokenized real-world assets, has deployed a confidential execution layer aimed at regulated financial companies that want to operate on-chain without broadcasting all their movements.
new layers run in parallel $REALpublic Layer 1 network and uses ZKsync’s Prividium technology. This provides banks, asset managers, and funds with privacy controls over their positions, allocations, and counterparty data. Payments will still take place on Ethereum, allowing institutions to keep sensitive activities off the open network while maintaining access to public liquidity.
For many years, regulated companies have faced structural trade-offs. Public blockchains offer global reach, near-instant payments, and composability, while also exposing financial strategies, portfolio positions, and trading relationships to those monitoring the chain. That visibility has kept many of the largest potential participants away from the tokenized real-world asset market, despite increased issuance.
$REAL positions the confidential layer as a direct response to that gap. This architecture allows companies to maintain privacy and public payments at the same time, with the confidential chain handling sensitive activities and the public chain providing access to on-chain liquidity.
“Financial institutions should not have to choose between public liquidity and operational privacy. We are building the infrastructure to provide both,” said Ivo Georgiev, CEO of Real Finance.
The company’s view is that issuance volume alone cannot define the next stage of tokenization. What matters is whether agencies can perform their daily operations on these systems.
The new layer is designed around workflows where confidentiality is a fundamental requirement and includes asset and wealth management obligations, balance sheet operations, tokenized deposit structures, and selective disclosure to auditors, compliance officers, and regulators when required for review. Companies can still take advantage of blockchain-native payments and distributions, but their portfolio activity is not clear.
Release extension $REALoffers a broader proposition for the lifecycle of tokenized real-world assets, spanning issuance, risk assessment, insurance, trading, and institutional execution under one compliance-aware architecture. The company is creating an environment where regulatory capital can move on-chain without forcing operators to rebuild their reporting and monitoring processes from scratch.
“This is about giving financial institutions a realistic path to on-chain finance,” Georgiev added. “Real-world on-chain assets require an infrastructure that reflects how regulated finance actually operates, and that’s what we’re building.”
Tokenized real-world assets have seen increased interest from large banks, asset managers, and other regulated entities over the past two years. The pitch is simple: Blockchain can move funds and assets faster and at lower cost than traditional rails. This friction stems from the fact that the infrastructure is not aligned with how an institution’s desk actually operates, particularly as it relates to confidentiality of positions and counterparties.
$REAL Built on Cosmos Tendermint, it uses a dual validator model that includes both technical validators and business validators such as tokenizers, risk scorers, insurance companies, and credit institutions. Prividium, the privacy infrastructure underlying the new layer, is a product of ZKsync for regulated entities seeking configurable confidentiality and Ethereum payments.
The company is headquartered in Sofia, Bulgaria.

