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AI TRENDS | Zignaly Co-Founder Says Layer 1 Blockchains Can Streamline Wealth Management Settlement

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2026-07-18 11:53:48
Zignaly and Zigchain co-founder Abdul Rafay Gadit said traditional wealth management relies on slow, expensive, and isolated settlement layers, with asset liquidation or investor verification sometimes taking days and requiring repeated manual compliance checks. According to Odaily, he said a dedicated Layer 1 blockchain can embed eligibility requirements, geographic restrictions, and transfer rules directly into assets so execution, ownership, settlement, and reconciliation remain in one verifiable state.

Gadit said Zignaly has expanded to more than 500,000 users and processed over $10 billion in trading volume. He added that the key to real-world asset tokenization is not minting tokens, but the underlying structure, including legal ownership, custody, valuation, redemption, and qualified holders.
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