The Bank Stack of Ethereum

ZKsync Prividiums are private, permissioned Ethereum-secured Layer 2s that combine institutional privacy, compliance, scalability, and interoperability into a single enterprise-ready framework. Validated by 35+ financial institutions across live demos of cross-border payments and intraday repo, Prividiums address the fundamental tradeoff between public chain transparency and private ledger silos — enabling near-instant, confidential settlement anchored to Ethereum's security.

• Private L2s keep all transaction data off-chain while posting only ZK proofs to Ethereum, delivering AI-resistant institutional privacy with selective regulator access
• Native cross-chain interoperability eliminates third-party bridges, enabling atomic FX + settlement across independent bank-operated chains
• 10,000+ TPS at sub-second latency with proving costs under $0.0001 per transaction — orders of magnitude cheaper than legacy rails
• Cross-border payments demo showed near-instant settlement replacing 3–5 day correspondent banking flows that immobilize ~$27 trillion in nostro/vostro accounts
• Intraday repo demo delivered 24/7 atomic settlement of cash and collateral via smart contracts, eliminating manual reconciliation and timing mismatches

Memento blockchain, in collaboration with Deutsche Bank, has deployed a live institutional Layer 2 powered by ZKsync Prividium to modernize fund management. Deutsche Bank's DAMA 2 platform — originating from Singapore's Project Guardian — is the first institutional use case, enabling tokenized fund issuance, distribution, and servicing with embedded privacy and compliance. After testing five different blockchain ecosystems, Memento selected ZKsync for its combination of Ethereum-grade security, institutional privacy, and modular compliance tooling.

• Deutsche Bank's DAMA 2 is the first institutional use case live on Memento ZK Chain, providing a full-stack platform for tokenized fund issuance, distribution, and servicing
• Fund deployment compressed from 2–3 months to 2–3 weeks, with near-instant redemptions replacing multi-day settlement cycles
• Three-layer architecture (DAMA 2 app layer → Memento ZK Chain infrastructure → Ethereum settlement) keeps transaction data private while anchoring integrity via ZK proofs
• $50B+ in potential annual savings identified from reduced intermediary reliance in fund management
• Multichain distribution across 70+ chains planned via Axelar integration (ETA Q4 2025), enabling tokenized funds to scale across blockchain ecosystems

Delphi Consulting's institutional accelerator report examines ZKsync's transformation from a single ZK rollup into the Elastic Network — a modular ecosystem of interoperable ZK Chains built on the open-source ZK Stack. The report argues that ZK proof technology is the key to solving blockchain's dual challenge: liquidity fragmentation across 30+ L2s and public chains' inability to meet institutional demands for privacy, compliance, and customization. With $1.19B in total economic value and 13+ new ZK Chains onboarding, ZKsync is positioning across tokenization, gaming, social, and permissioned enterprise use cases.

• Three-pillar architecture (ZK Router, ZK Gateway, ZK Chains) enables trustless cross-chain interoperability with shared liquidity, ~1s soft confirmations, and no third-party bridge dependencies
• Enterprise adopters include Deutsche Bank (asset tokenization), Buenos Aires government (digital identity for 3.6M residents), Tradable ($1.7B tokenized private credit), GRVT (regulated hybrid DEX), and Lens (decentralized social media)
• ZKsync leads all rollups in theoretical throughput at 434 TPS with the second-lowest block time; 2025 roadmap targets 10,000 TPS at $0.0001 per transaction
• Modular ZK Chain design lets enterprises choose chain type (rollup/validium), data availability, gas token, sequencing model, and permissioned vs. permissionless access — enabling confidentiality with verifiability
• ZK token (21B supply, ~$687M circulating market cap) serves governance, network fees, and future validator staking; three-body governance model (Token Assembly, Security Council, Guardians) implements separation of powers

The Block Research report examines how ZKsync's Elastic Chain architecture is positioned to capture the projected $10–16 trillion tokenized asset market by 2030. The report argues that while tokenization of real-world assets has already surged past $11 billion, the industry has yet to achieve full on-chain issuance and value transfer — and that ZKsync's combination of scalability, customization, confidentiality, security, and native interoperability addresses the key technical and enterprise-readiness blockers preventing that transition.

• 97% of institutional investors (BNY Mellon/Celent survey) agree tokenization will revolutionize asset management; BCG/ADDX project a $10–16T tokenized asset market by 2030
• ZKsync's Elastic Chain enables full on-chain issuance by eliminating intermediaries, minimizing counterparty risk, enabling real-time settlement, and improving liquidity through automated smart contracts
• Modular ZK Stack lets enterprises customize chain type, gas token, data availability, data visibility, accessibility (permissioned/permissionless), sequencing, and consensus — supporting granular compliance and confidentiality requirements
• Early institutional traction includes Tradable ($500M+ private credit tokenization), Fidelity International ($50M money market fund on ZKsync Era), Deutsche Bank (asset tokenization platform on a ZK Chain), and Buenos Aires government (decentralized digital identity for 3.6M residents)
• Three remaining adoption blockers identified: regulatory clarity, technological robustness, and enterprise readiness — with the Elastic Chain directly addressing the latter two while positioning enterprises to adapt as regulations evolve

Delphi Consulting's quarterly report covers ZKsync's Q1 2025 performance, highlighting ZKsync Era's position as the leading ZK rollup with $780M TVS and 58% of all ZK proof volume on Ethereum. The report tracks the Elastic Network's expansion to 19+ ZK Chains and growing institutional adoption across tokenized assets, decentralized exchanges, and digital identity.

• ZKsync Era is the leading ZK rollup — $780M TVS, 9.97M addresses, 58% of all ZK proof volume on Ethereum, and #2 blockchain for tokenized RWAs ($2B+, 27% market share)
• The Elastic Network grew to 19+ ZK Chains, with standout launches: Abstract (1.4M wallets in 42 days), Sophon ($138M TVL), GRVT (first licensed DEX, $1.3B volume in 30 days), and GenLayer (AI-native smart contracts)
• Institutional momentum is strong — Tradable tokenized $1.7B in private credit, UBS tested tokenized gold on a ZKsync validium, and WonderFi (1.7M users) is building its own ZK Chain
• ZK Gateway hit testnet (mainnet Q2 2025), ChonkyBFT consensus went live, execution delay dropped from 21→3 hours, and Nethermind formally verified ZKsync's zk-verifier for the first time

Delphi Digital examines ZKsync's emergence as a settlement layer for institutional and sovereign finance. The Atlas upgrade delivers one-second finality with 15,000+ TPS sequencing and full EVM equivalence. With 35+ financial firms participating in Prividium workshops and sovereign initiatives like the UAE's ADI Chain, ZKsync positions itself as the settlement layer that regulated finance can actually deploy.

Messari's deep-dive into Prividiums — permissioned validium deployments that run inside an organization's infrastructure, keeping transaction data and state offchain while anchoring correctness to Ethereum through validity proofs. Covers enterprise permissioning with Okta and Azure SSO, contract and function-level access controls, selective disclosure for audit needs, and deployment options from self-hosted to fully managed by Matter Labs.