On Thursday, the ZKsync team announced via X that it has joined the Tokenized Asset Coalition to help bring the next trillion dollars of assets onchain.
The Tokenized Asset Coalition champions the adoption of public blockchains and institutional DeFi to dramatically improve the way capital is formed, invested, and managed.
Earlier this week, COTI officially joined the Tokenized Asset Coalition (TAC). Other inductees include major players such as Arbitrum, Polygon, Circle, Coinbase, Fireblocks, Zksync, Stellar, and Fidelity.
ZKsync is a Layer-2 scaling solution that makes transactions on Ethereum cheaper and faster by utilizing zero-knowledge rollups (zk-rollups) and zero-knowledge proofs (ZKPs). ZK is up 5.2% and is currently trading at $0.05573.