zkSync

**ZKsync's Prividiums** are driving institutional blockchain adoption by solving the privacy-connectivity trade-off. - Institutions can now build **private, verifiable systems** on Ethereum without public exposure - System-level privacy identified as the **missing piece** for institutional settlement on public blockchains - Matter Labs Q3 report shows major upgrades across **performance, privacy, and interoperability** **Key Developments:** - DAMA 2 report highlights Memento ZK Chain for **institutional fund tokenization** - Grvt launches **GLP Strategy** - delta neutral market making vault with 6-month track record - Abstract Chain introduces **AI Accelerator Program** for crypto builders - Creator partners with Rally for new **fan engagement** opportunities - XPLA rebrands to **CONX**, connecting culture and finance onchain The Elastic Network continues expanding with privacy-focused solutions designed for enterprise compliance and connectivity to Ethereum's liquidity.

**ZKsync's Prividiums** are emerging as a key solution for enterprise blockchain adoption, addressing a fundamental challenge: corporations cannot operate transparently on public chains. **Key Features:** - **Privacy controls** for sensitive corporate transactions - **Access management** and selective disclosure capabilities - **Purpose-built** specifically for institutional requirements The technology enables enterprises to maintain **privacy and control** while still connecting to Ethereum's public infrastructure and capital markets. This represents a significant shift from completely private chains, which offer limited connectivity, toward **hybrid solutions** that combine institutional-grade privacy with public blockchain benefits. Prividiums are part of ZKsync's broader "**Incorruptible Finance**" initiative, which has attracted attention from major institutions including Citi, Deutsche Bank, and Mastercard during recent industry demonstrations.

**ZKsync showcased its institutional strategy** during a Nasdaq TradeTalks interview, positioning itself as the bridge for traditional finance to enter crypto. The **Incorruptible Financial Infrastructure** promises: - Full scalability and privacy for institutions - Direct access to Ethereum's liquidity - Onboarding on institutions' own terms This follows ZKsync's recent **Chainlink SmartCon appearances** where executives emphasized privacy as the key factor for institutional adoption. The timing aligns with broader industry efforts, including the **Ethereum Foundation's new institutional site** and partnerships with major players like Deutsche Bank. **Key differentiator**: ZKsync's zkRollup technology enables the privacy and performance institutions demand while maintaining Ethereum connectivity.

**ADI Chain joins ZKsync Elastic Network** with ambitious plans to onboard 1 billion users by 2030. The project introduces the **first Dirham-backed stablecoin** developed by major UAE institutions: - First Abu Dhabi Bank - ADQ Official - IHC Official **Regulatory backing** comes from the UAE Central Bank, providing institutional credibility. **Target markets** include Middle East, Asia, and Africa - regions currently underserved by blockchain technology. The initiative aims to bridge traditional finance with decentralized systems, leveraging ZKsync's Layer 2 infrastructure for scalability.

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)

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.

Alex Gluchowski (@gluk64), founder of zkSync, recently spoke at @crecimientoar about blockchain scaling challenges and ZK technology as the ultimate solution. Key points covered: - ZkSync's product lineup: Lite, Era, and Elastic Chain - The importance of building practical dapps for real-world use - Introduction of FreeFi: An on-chain banking system integrating: - DeFi - Payments - Real-world assets (RWAs) - On-ramps - Last-mile integrations This comprehensive approach aims to address scaling issues while creating a user-friendly ecosystem for mainstream adoption. To learn more about zkSync's vision and FreeFi, check out the full discussion.

The ZK Sant event at Token2049 brought together ZKSync builders for networking and knowledge sharing. Key highlights: - Open mic format allowed projects to pitch their Elastic Chain visions - Event fostered connections within the ZKSync community - Organizers hinted at future ZK Sant gatherings Special thanks to event hosts: - ZKCandyHQ - Zerion - hue_nfts - getclave - playFiAI The event underscored the growing ecosystem around ZKSync and its Elastic Chain technology.

TreasureDAO is set to join the Elastic Chain, marking a significant development in the ZK ecosystem. A fireside chat is scheduled for tomorrow, featuring: - @gluk64 - @karelvuong - @jpatten__ Topics to be discussed include: - TreasureDAO community and games - Treasure Chain on ZK Stack - Elastic Chain ecosystem This move follows recent integrations and announcements in the ZK space, including: - ZKsync Era's integration with Zapper and Coinbase - Chainlink CCIP support on ZKsync Era - Multiple ZK Chains planning launches this year The Elastic Chain ecosystem aims to provide shared liquidity and applications across ZK Chains, potentially benefiting gamers and developers.

Messari has published an in-depth report on ZKSync's innovative rollup technology. The report covers: - Technical aspects of ZKSync - Governance structure - Elastic Chain concept - Ecosystem overview Authors @CabronElBufon and @redvelvetzip provide a thorough analysis of this groundbreaking Ethereum Layer 2 solution. The report aims to help readers understand ZKSync's potential impact on blockchain scalability and adoption. Interested parties can access the full report at: https://messari.io/report/understanding-zksync