- Real signs partnership with iExec to develop private RWA blockchain infrastructure.
- Companies explore encrypted asset issuance, lending, and compliant financial operations.
- Confidential computing gains attention as the institutional tokenization market continues expanding.
Real has entered into a memorandum of understanding with iExec to explore privacy-focused infrastructure for tokenized assets.
The collaboration will evaluate how institutional RWA issuance, distribution, and on-chain financial activity can be conducted while preserving confidentiality and supporting compliance and audit requirements.
Real provides infrastructure for the full lifecycle of tokenized assets, including onboarding, verification, risk assessment, settlement, and asset management.
iExec contributes confidential computing capabilities through Trusted Execution Environments such as Intel TDX and its Nox Protocol, which enables encrypted data processing, confidential smart contract execution, selective disclosure, and verifiable computation.
As part of the collaboration, the companies will assess how the Nox Protocol can integrate with Real’s Layer 1 blockchain to support confidential tokenized assets, encrypted transaction flows, and private financial operations.
The collaboration will focus on confidential RWA issuance and distribution, including encrypted balances and private transaction flows, as well as financial activities such as subscriptions, redemptions, dividend payments, lending, and structured credit.
“Institutions need more than tokenization. They need infrastructure that protects sensitive financial data while still allowing compliance, oversight, and auditability,” said Ivo Grigorov, CEO, Real.
“Our Partnership with iExec is an important step toward exploring how confidential computing can support the next generation of real-world asset markets.”
The companies will also explore selective disclosure tools for regulators and auditors, while assessing how confidential assets can remain interoperable with custody solutions, settlement systems, and potential secondary markets.
The agreement establishes a framework for evaluating institutional use cases such as tokenized funds and private credit. Planned next steps include technical discussions, identifying pilot opportunities, and aligning infrastructure architecture.
As real-world asset tokenization expands, institutional participation increasingly requires protection for sensitive data such as investor allocations and transaction information.
Real and iExec said they will examine how confidential computing can enable private financial operations while preserving on-chain verification and controlled regulatory access.
