Cronos zkEVM Joins Elastic Chain, Enhancing Interoperability
Cronos zkEVM Joins Elastic Chain, Enhancing Interoperability
🔗 Cronos' Elastic Move
Cronos zkEVM, a growing ecosystem for decentralized applications, builders, and users, has joined the Elastic Chain. This integration allows the Cronos community, known as #crofam, to interact with high-quality applications built on other ZK Chains. The move promises a seamless user experience that feels like operating on a single chain, despite crossing multiple networks. This development builds on Cronos' previous efforts to gain secure, fast, and cost-effective access to the Ethereum ecosystem through the implementation of ZK Stack technology.
Cronos zkEVM is the home for #crofam — a growing ecosystem of dapps, builders, and users. By joining the Elastic Chain, #crofam can transact with world-class apps built on other ZK Chains with a uniform and intuitive UX that feels like a single chain.
🔁 Cronos zkEVM leverages on the Elastic Chain, powered by @zksync technology to solve these issues by providing secure, low-cost and native interoperability between ZK Chains, creating a seamless and secure multi-chain ecosystem.
ZKsync Launches Prividium: Enterprise Blockchain Platform
ZKsync has unveiled Prividium, an enterprise-grade blockchain platform designed for institutional adoption. The platform offers three key features: - **Private Infrastructure**: Includes private RPC and access-based controls - **Built-in Compliance**: Pre-packaged with regulatory requirements - **Trustless Interoperability**: Secured by Ethereum A notable use case demonstrates two banks settling an intraday repo across interoperable Prividiums using ZK Proofs, enabling secure transactions without data sharing. Deutsche Bank is already partnering with Memento BC to develop an onchain fund management solution powered by Prividium. [Learn more about Prividium](https://www.zksync.io/enterprise/prividium)
Robinhood Launches Tokenized Stocks on Arbitrum
Robinhood has announced a significant expansion into blockchain technology through a partnership with Arbitrum. The company will: - Launch 200+ tokenized US stocks and ETF tokens on Arbitrum One - Initially target EU customers through the Robinhood app - Develop a dedicated Robinhood Layer 2 blockchain using Orbit stack The integration aims to provide EU users with a familiar trading experience, now backed by blockchain technology. This marks a strategic move to merge traditional finance with DeFi infrastructure, potentially bringing millions of new users to the crypto ecosystem. Learn more: [Arbitrum Blog](http://blog.arbitrum.io/robinhood-is-realizing-the-crypto-vision/)
zkSync Era Reaches $2.1B+ in Institutional Private Credit
zkSync Era has achieved a significant milestone with over $2.1 billion in institutional private credit now live on its platform. The achievement was highlighted in a new Real-World Asset Report, jointly published by RedStone, Gauntlet, and RWA.xyz. Key points: - Leading position in onchain finance - Partnership with Tradable contributing to growth - Featured in comprehensive RWA industry report This development marks a substantial step forward in bringing traditional finance onchain through zkSync's Layer 2 solution.
zkSync Speaking at EthCC 2025 Multichain Day
zkSync's @gluk64 will be presenting at the Multichain Day during EthCC 2025 in France. The session is scheduled for Monday, June 30, from 3:05 PM to 3:35 PM local time at Hôtel Martinez. This follows zkSync's active participation in previous EthCC events, including their involvement in the 2024 LSDFI Summit and Dev Summit, where they contributed to discussions on restaking and BTCFi developments.
Nana Murugesan and Jeremy Allaire Discuss ZK Proofs on The Money Movement Podcast
Nana Murugesan joins Jeremy Allaire on The Money Movement podcast to explore zero-knowledge (ZK) proofs. The discussion covers: - The necessity of ZK-proofs for Ethereum scaling - ZK-powered applications in privacy and identity - How ZK technology is facilitating institutional adoption of blockchain This episode follows a recent trend of industry leaders discussing ZK technology. Previously, Sandy from Scroll emphasized the importance of developer-friendly tooling to drive real-world adoption of ZK proofs. **Listen to the full episode:** [YouTube Link](https://www.youtube.com/watch?v=oL7NM6chBQM)