A social media post says Charles Hoskinson, founder of Cardano, stated that banks and insurance firms are looking at RWA (real-world asset tokenization) use cases on Midnight (Cardano-linked privacy-focused blockchain).
A post shared on social media states that Charles Hoskinson, founder of Cardano, said banks and insurance firms are exploring RWA (real-world asset tokenization) activity on Midnight (Cardano-linked privacy-focused blockchain). The source provided contains only this claim and a link, with no further details on the institutions involved, the stage of discussions, specific asset classes, timelines, or any formal partnership announcements. In crypto markets, RWA initiatives generally refer to putting representations of traditional assets on blockchain networks to improve transferability, settlement, or programmability, but the provided content does not specify how Midnight would be used in these discussions.