CoinDesk••1 min read
BitGo and ZKsync Collaborate on Tokenized Deposit Infrastructure for Banks
The Arch TakeBullish
BitGo has teamed up with ZKsync to construct a tokenized deposit infrastructure, a development aimed at integrating traditional banks into the blockchain ecosystem. This new platform, currently undergoing testing, is designed to enable programmable payments. Its primary objective is to simplify the adoption of blockchain technology for financial institutions, thereby facilitating their transition onchain and enhancing their operational capabilities within the digital asset space.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left
The Block•3h ago
Injective files for SEC transfer agent registration to bring securities ownership records onchain
Cointelegraph•4h ago
JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves
The Block•4h ago
Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs
Bankless •4h ago