ZKsync Launches $ZK Token Proposal II for Institutional Coordination
ZKsync Launches $ZK Token Proposal II for Institutional Coordination
🔗 Token Proposal Drops
ZKsync Token Proposal II introduces a shared cryptographic layer enabling institutions to coordinate while unlocking real $ZK token utility.
Key developments this week:
- ZKsync Association released its inaugural year operational report with governance recommendations
- Bug bounty program launched for ZKsync OS with full rewards available
- GRVT trading surge - perpetual volume crossed $74B with another $10B weekly increase
- Abstract Chain's final Red Bull Racing collectible drop went live
- ADI Chain signed MoU with EDC Abu Dhabi for blockchain-based driver education infrastructure
The Elastic Network expansion continues across institutional adoption, trading infrastructure, and real-world applications. ZKsync's interoperability focus aims to create network economies beyond individual chains.
Ethereum is now the main capital hub of ZKsync. @grvt_io can become Ethereum's incorruptible market layer. @hong_grvt explaining how Atlas enables completely novel use cases for @grvt_io 👇
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“A completely private chain won't be connected to anything. It’s a slightly better version of a database, but it doesn't give you connectivity to public capital markets.” @gluk64 lays out, on @Cointelegraph, how ZKsync is enabling system-level Privacy and Incorruptible Finance.
⚡️ INSIGHT: “Cypherpunk privacy” is account-level. Institutional privacy is system-level. Until that layer exists, big finance stays on the sidelines, says ZKsync developer.
“A corporation simply can’t move their transactions on a public chain. This is where Prividiums come to play enabling enterprises to have privacy, access controls & selective disclosures” @Ozhar, on the @therollupco, explaining why Prividiums are purpose-built for institutions.
Not a better way to close out your week than watching @gluk64, on stage at @chainlink SmartCon, presenting why Prividiums are the single best privacy-preserving blockchain solution for Institutions. Incorruptible Finance 🔒🪙
"Institutions are facing an adapt-or-die moment. At @zksync, we are offering the best Privacy solution enabling Institutions to build onchain using their stack while still settling on Ethereum and connecting to other chains." Watch @gluk64 keynote at @chainlink Smartcon
Your Weekly Roundup is here: from Wall Street to AI agents and from fund tokenization to K-pop entertainment, ZKsync's Elastic Network is firing all cylinders. 🧵 Let’s dive in
Institutional adoption, privacy, interoperability, product launches, GLP strategies. Just a few of this week's updates from the Elastic Network. ZK fam, here's your Weekly Roundup ⬇️
Smartcon x @chainlink Day 1 is here. Catch @Ozhar, VP Business Development, live today at 10:40 AM ET on @Nasdaq @TradeTalks. He will be talking to @JillMalandrino about ZKsync's Incorruptible Financial Infrastructure and why Privacy is the key to bring more Institutions
"With Prividiums, it's now possible for Institutions to build and operate private systems as part of the global Ethereum network, with all the control and compliance they require." @anthonykrose, Product @zksync, writes for @ethereum about Privacy & Incorruptible Finance.
"Institutional adoption is a development we have been betting on for years. With Prividiums, we enable Institutions to come onchain with full Privacy, selective disclosures while still being connected to the global economy." Full @gluk64 interview dropping next week 👀
New token proposal, infrastructure milestones, record-breaking trading volumes and new collabs all landed this week. Welcome to this week’s Roundup 👇
"ZKsync is building Incorruptible Financial Infrastructure. We enable institutions to come onchain on their own terms with full scalability and privacy while directly accessing Ethereum's liquidity" Watch @Ozhar full interview with @JillMalandrino on @Nasdaq @TradeTalks.
Day 2 of @chainlink #SmartCon ends with a banger. @Ozhar will be on stage at 4:30 PM EST talking about @zksync favorite topic: financial institutions coming onchain.
ZK Rollup Pioneer Envisions Global Economy Moving Onchain with Prividium Network
@gluk64 presented his **Incorruptible Finance thesis** on Blockworks Space, outlining a future where the global economy operates entirely onchain. The vision centers on **Prividiums** - individual blockchain instances that every business would operate, similar to how companies maintain bank accounts today. These Prividiums would seamlessly interact with each other across the network. Key components of the thesis: - **ZK proofs** as the foundation for maintaining incorruptibility - **Mobile verification** of Ethereum blocks in just 1 second - **Universal adoption** where every business has its own Prividium This represents a shift from traditional financial infrastructure to a fully decentralized, verifiable system where businesses can maintain sovereignty while participating in a global onchain economy. The presentation builds on previous discussions about making blockchain verification accessible to everyday users through mobile devices.
ZKsync Association Releases First Year Operational Report
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.
ZKsync Presents Incorruptible Financial Infrastructure at NYSE
**ZKsync's co-founder @gluk64 presented at the New York Stock Exchange**, highlighting the company's vision for institutional blockchain adoption. The presentation focused on **ZKsync's "Incorruptible Financial Infrastructure"** - a solution designed to help institutions transition to blockchain technology. Key points from the NYSE presentation: - Institutions face an **adapt-or-die moment** in finance - The next decade won't be about *whether* institutions go onchain, but **how fast they adapt** - ZKsync enables institutions to access blockchain **on their own terms** - The platform offers full scalability and privacy while maintaining **direct access to Ethereum's liquidity** This follows ZKsync's broader mission to accelerate crypto adoption while maintaining the security and decentralization benefits of Ethereum's Layer 1.
ZK Token Proposal Part II: Coordination Economy Framework
**ZK's Part II token proposal** introduces a **"Coordination is the Economy"** thesis. The framework aims to transform fragmented financial messaging into a **unified cryptographic fabric**. This would enable institutions to coordinate directly through ZK interoperability. Key points: - Creates shared infrastructure for institutional coordination - Establishes foundation for $ZK token utility - Builds on previous discussions of onchain/offchain revenue flows The proposal positions ZK interop as the backbone for institutional financial coordination, setting up $ZK's economic utility model.