zkSync Era Reaches $2.1B+ in Institutional Private Credit
zkSync Era Reaches $2.1B+ in Institutional Private Credit
💰 $2.1B Speaks for Itself
zkSync Era has achieved a significant milestone with over $2.1 billion in institutional private credit now active on its platform. The achievement was highlighted in a joint Real-World Asset Report by RedStone, Gauntlet, and RWA.xyz.
Key points:
- Leading position in onchain finance
- Partnership with Tradable contributing to growth
- Focus on institutional-grade asset management
This development marks a substantial step forward in bringing traditional finance onchain through zkSync's Layer 2 scaling solution.
Proud to be featured in the new @redstone_defi x @gauntlet_xyz x @RWA_xyz Real-World Asset Report. With $2.1B+ in institutional private credit live on Era, @zksync is leading the charge of bringing finance onchain with the support of partners like @tradable_xyz.
Crypto's second fastest growing vertical. One of the few asset classes to grow during recent global turmoil. Today, Real-World Assets are worth over $24B. Tomorrow, they could be worth trillions. Introducing the Real-World Asset Report by RedStone, @gauntlet_xyz, and @RWA_xyz.
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 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 involvement in LSDFI Summit and Dev Summit panels focusing 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)
ZKSync Ecosystem Thrives Amidst Market Downturn
Despite the broader crypto market experiencing a bearish October, the ZKSync ecosystem is bucking the trend with significant developments: - Continuous shipping of new projects and updates - Strong ecosystem growth, contrasting with general market sentiment - Multiple initiatives launched, represented by letters: R Z I X Q S T C C P G This 'Octobull' for ZKSync highlights the resilience and progress of zkRollup technology on Ethereum Layer 2, even in challenging market conditions. Stay tuned for more updates on ZKSync's ecosystem expansion and its impact on Ethereum scalability.