馃攼 Custody Crisis Solved

馃攼 Custody Crisis Solved

By Ankr Liquid Staking
Nov 17, 2025, 3:12 PM
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Zenrock introduces a new approach to crypto custody that eliminates the need for trusted custodians.​

The Problem:

  • Wrapped assets rely on centralized custodians and multisigs
  • Bridges get hacked regularly
  • Users must trust companies with their keys

Zenrock's Solution:

  • DCT (Decentralized Custody Token) standard
  • Uses distributed MPC (dMPC) technology
  • Private key shares split across independent operators
  • No single party controls keys

Key Features:

  • Assets secured by cryptography, not trust
  • Uses simple wallet addresses (EOAs) instead of custom contracts
  • Runs on zrChain, a Delegated Proof-of-Stake network
  • Global validator set with $100B+ cumulative stake

Currently Live:

  • zenBTC: yield-bearing wrapped BTC on Solana
  • zenZEC: wrapped ZEC on Solana

Zenrock makes custody open, composable, revenue-generating, and decentralized.​ Ankr now validates the network as it scales.​

Learn more

Sources

What makes @zenrock one of the most important new primitives in crypto? For years, crypto made progress everywhere except custody. Wrapped assets still depend on custodians, multisigs, and centralized vaults. Bridges get hacked. Keys get compromised and users are told, 鈥渢rust

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We鈥檙e excited to share that we are now a validator for @zenrock, securing both their testnet and mainnet. Zenrock is redefining wrapped assets with decentralized custody (dMPC + EOAs), and we鈥檙e proud to help secure the network as it scales. More big things coming 馃敟

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