According to CoinMeta, Real Finance has launched its native $asset token on Kraken EU, expanding access for European users. The company stated that this expansion is based on the existing presence of $asset on Kraken and further extends through that exchange's EU operations. $asset plays multiple roles within the Real Finance network, including paying transaction fees, participating in staking, supporting network security, and engaging in on-chain governance. Real Finance is developing a blockchain called Layer that focuses on tokenizing real-world financial assets, with infrastructure designed to support the entire lifecycle of financial products, including issuance, management, distribution, and settlement. This network also collaborates with regulated financial institutions and infrastructure providers to build its European institutional ecosystem.