O que diabos é privacidade RWA e tokenização privada?

I've heard enough about tokenized stocks, and I have a basic idea about them. They let you trade equities 24/7 on a blockchain. On the other hand, RWAs are a broader category that goes beyond stocks and includes things like bonds too. I was still wrapping my head around these terms, and now I'm seeing something new called RWA privacy and private tokenization. I really don't know why these RWA nerds keep adding new fancy terms. So, private RWAs mean assets from private markets? For example, private credit or shares in unlisted companies? Or does RWA privacy and private tokenization refer to onchain equities where others can't see your balances or trades? I don't know, but is RWA privacy similar to Zcash but for stocks?

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