zkSync Community hands out ETH to zkQuest participants at EFDevconnect

**ZKsync founder Alex Gluchowski detailed the Prividium Network in a FINTECH TV interview**, explaining how the technology addresses institutional needs for privacy, control, and interoperability. **Key features of Prividiums:** - Enable institutions to build private, secure onchain infrastructure they own - Maintain connectivity to Ethereum and other Prividiums - Use ZK proofs to balance private systems with institutional connectivity - Already available for production use Gluchowski emphasized that **privacy remains a critical barrier to onchain adoption** for institutions. Prividiums solve this by allowing organizations to manage access to private systems while still connecting with other institutions when needed. The platform is designed specifically for **tokenized deposits and financial institutions** requiring compliance and complete data control. [Watch the full interview](https://www.zksync.io/media/alex-gluchowski-fintech-tv)

**Alex Gluchowski, CEO of ZKsync, shares insights on integrating traditional banking with blockchain technology.** In a recent interview, Gluchowski explores the practical challenges and opportunities of bringing banks onchain. The discussion covers: - Technical infrastructure needed for institutional adoption - Regulatory considerations for traditional finance - How zkRollup technology can address banking requirements The conversation provides a realistic look at the intersection of traditional finance and blockchain, focusing on the technical and operational aspects rather than speculation. [Watch the full interview](https://www.zksync.io/media/alex-gluchowski-on-bringing-banks-onchain)

Ondo Finance has joined the Blockchain Association's Tokenization Workstream to help shape policy for digital asset markets in the United States. **Key Points:** - Ondo is the largest tokenized securities platform globally - The workstream focuses on transforming capital markets through tokenization - Goal is to unlock new efficiencies and expand market access - Partnership aims to position the U.S. as a leader in digital assets Tokenization allows traditional assets to be represented on blockchain networks, potentially streamlining trading and settlement processes.

**GRVT leverages ZKsync's Atlas upgrade** to achieve institutional-grade performance in decentralized finance. - Atlas **eliminates liquidity fragmentation**, enabling better capital efficiency - GRVT is **outperforming competitors** in perpetual DEX open interest - The integration positions GRVT as a **comprehensive onchain finance platform** The Atlas upgrade provides the foundational infrastructure needed for GRVT's mission to deliver institutional-quality trading experiences on Ethereum Layer 2.

**ZKsync Lite will cease block production on May 4, 2026**, marking the planned deprecation of the first ZKsync mainnet proof-of-concept. **Key points for users:** - Withdraw funds before May 4 via https://lite.zksync.io/ for the fastest process - **Funds not withdrawn remain fully claimable** - they are not lost - Claiming tools will be released after shutdown - A read-only API stays online for at least one year - All balances will be frozen at the final network state - Funds remain protected under governance **This shutdown does not affect ZKsync Era or other ZKsync Chains.** The team will provide further guidance to ensure a smooth transition for remaining users.