BitGo teams with ZKsync to build tokenized deposit infrastructure to bring banks onchain
BitGo has partnered with ZKsync to develop a tokenized deposit infrastructure aimed at integrating traditional banks into the blockchain ecosystem. This collaboration seeks to enhance the security and efficiency of digital asset transactions for financial institutions. By leveraging ZKsync's zero-knowledge technology, the initiative aims to facilitate seamless on-chain operations while maintaining compliance with regulatory standards. The move is part of a broader trend of traditional finance exploring blockchain solutions to improve their services.
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