cryptovka-news on Nostr: BitGo and ZKsync Launch Infrastructure for Tokenized Bank Deposits BitGo and ...
BitGo and ZKsync Launch Infrastructure for Tokenized Bank Deposits
BitGo and ZKsync have partnered to develop tokenized deposit infrastructure for banks. This initiative aims to enable traditional financial institutions to securely migrate capital to the blockchain using distributed ledger technology (DLT) and comply with global regulations.
The platform integrates BitGo's custody solutions with ZKsync's Prividium permissioned chain, utilizing Zero-Knowledge technology. Key features include secure issuance of digital deposit representations, real-time transaction settlement, and adherence to KYC/AML protocols within a permissioned ecosystem.
The infrastructure is currently in testing, with a full production launch anticipated by the end of 2026. This development signifies a move towards bridging traditional finance with digital assets, potentially improving liquidity management and reducing operational costs for banks.
https://cryptovka.com/news/bitgo-and-zksync-launch-tokenized-deposit-infrastructure-for-banksPublished at
2026-03-26 01:09:43 UTCEvent JSON
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"content": "BitGo and ZKsync Launch Infrastructure for Tokenized Bank Deposits\n\nBitGo and ZKsync have partnered to develop tokenized deposit infrastructure for banks. This initiative aims to enable traditional financial institutions to securely migrate capital to the blockchain using distributed ledger technology (DLT) and comply with global regulations.\n\nThe platform integrates BitGo's custody solutions with ZKsync's Prividium permissioned chain, utilizing Zero-Knowledge technology. Key features include secure issuance of digital deposit representations, real-time transaction settlement, and adherence to KYC/AML protocols within a permissioned ecosystem.\n\nThe infrastructure is currently in testing, with a full production launch anticipated by the end of 2026. This development signifies a move towards bridging traditional finance with digital assets, potentially improving liquidity management and reducing operational costs for banks.\n\nhttps://cryptovka.com/news/bitgo-and-zksync-launch-tokenized-deposit-infrastructure-for-banks",
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