The ZKsync Association published its inaugural Operational Report, detailing a busy first year of development and governance.
Key highlights include:
- Governance system design and implementation
- Major protocol upgrades across the network
- Token Program operations and management
- Infrastructure milestones and achievements
The report covers the Association's governance structure, key initiatives, and provides forward-looking recommendations for the Elastic Network's future development.
This comprehensive review marks an important milestone for the ZKsync ecosystem as it transitions from launch phase to sustained growth and expansion.
From governance system design and protocol upgrades to Token Program operations, it was a very busy inaugural year for @TheZKNation. Explore the milestones and the road ahead in the new Operational Report 馃憞
The ZKsync Association is excited to share the release of the ZKsync Association Operational Report (2024-2025). This report marks a full year since the establishment of the Association and the launch of ZKsync鈥檚 formal governance framework.
Prividium Launches Institutional Blockchain Platform with Privacy and Compliance Features
Prividium has launched as a blockchain platform designed specifically for institutional users requiring data privacy, regulatory compliance, and enterprise-level control. **Key Features:** - Privacy with public proofs - Built-in compliance mechanisms - Enterprise control capabilities - Direct connectivity options The platform positions itself as the only solution purpose-built for institutions balancing privacy requirements with connectivity needs. Prividium aims to address institutional concerns around data sovereignty while maintaining blockchain's transparency benefits through its proof system.
Edena Pushes Vision for Tokenizing Sovereign Real-World Assets Onchain
Edena is advancing its vision to tokenize sovereign real-world assets (RWAs) onchain, as detailed in a Bloomberg Opinion piece. The initiative aligns with broader industry trends: - **Bank of America Global Research** projects tokenization will reshape financial infrastructure over the next 5-15 years - Traditional assets moving onchain could transform both public and private financial markets - The shift represents a move beyond cryptocurrency speculation toward practical blockchain applications Tokenization involves creating digital representations of real-world assets like bonds, real estate, or commodities on blockchain networks. This approach aims to improve liquidity, reduce settlement times, and increase accessibility to traditionally illiquid assets. Edena's focus on sovereign assets suggests targeting government-backed securities or national infrastructure projects for blockchain integration. [Read the full Bloomberg article](https://www.bloomberg.com/opinion/articles/2026-02-19/ditch-the-bitcoin-illusion-and-tokenize-real-assets) [View Bank of America's research report](https://institute.bankofamerica.com/content/dam/bank-of-america-institute/transformation/beyond-crypto-tokenization.pdf)
ZKsync Powers Confidential Settlement for $20B+ Sovereign Assets with EDENA
**ZKsync has been selected by EDENA to provide infrastructure for bringing over $20 billion in sovereign assets onchain.** The partnership centers on two key capabilities: - **Confidential settlement infrastructure** that protects sensitive financial data - **Cryptographic proof systems** that verify compliance, ownership, and solvency without exposing underlying information EDENA is building what it calls the first "Autonomic Financial OS" - an operating system for sovereign wealth management. ZKsync's zero-knowledge technology enables institutions to maintain privacy requirements while gaining the benefits of blockchain settlement. This represents a significant step in institutional adoption, as sovereign wealth funds typically require strict confidentiality alongside regulatory compliance - requirements that traditional public blockchains struggle to meet simultaneously.
ZKsync Staking Pilot Hits 200M $ZK, APR Rises to 6%
The **ZKsync Staking Pilot Program** has reached a new milestone with **200M $ZK tokens** now delegated and staked. The target annual percentage rate (APR) has been **increased from 5% to 6%**. **Key Details:** - Season 1 is capped at 400M $ZK total - Current participation: 200M $ZK (50% of cap) - APR adjusts based on staking levels - No lockup periods - stake/unstake anytime **How It Works:** The program uses a **Delegate-to-Stake** mechanism where rewards only flow when staked $ZK is delegated to an active Delegate. This design strengthens governance participation by aligning incentives with active protocol involvement rather than passive farming. Stake directly at [vote.zknation.io](https://vote.zknation.io/dao/stake/direct)
zkSync Lite Sets May 4 Withdrawal Deadline as Shutdown Approaches
**zkSync Lite is shutting down its block production on May 4, 2026.** Users are advised to withdraw assets before this date for convenience, though funds will remain claimable afterward through dedicated tools. **Key details:** - Block production stops May 4, 2026 - Assets not withdrawn remain fully accessible - Claiming tools will be released immediately after shutdown - Read-only API available for at least one year post-shutdown - Web interface previously shut down April 25, 2025 The Layer 2 network's immutable contracts will remain onchain permanently, ensuring users can always access their funds even after the infrastructure wind-down.