Research & case studies

Whitepapers, analyst reports, and case studies on private settlement, tokenized deposits, and institutional blockchain infrastructure.

Architecture & integration

Tokenized Deposits: The Bank Stack of Ethereum

Reflexivity Research · 2026

Tokenized Deposits: The Bank Stack of Ethereum

How ZKsync's Prividium is enabling regulated banks to issue programmable, always-on digital money anchored to Ethereum. The report covers how tokenized deposits combine the programmability of blockchain with the trust, insurance, and regulatory framework of the traditional banking system — and why ZKsync is becoming the institutional settlement layer.

ZKsync: Building a Trustworthy Settlement Layer

Delphi Digital · 2025

ZKsync: Building a Trustworthy Settlement Layer

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.

ZKsync: The Elastic Network Endgame

Delphi Consulting · 2025

ZKsync: The Elastic Network Endgame

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.

Beyond Public vs. Private Chains: The Prividium® Breakthrough

ZKsync / Matter Labs · 2025

Beyond Public vs. Private Chains: The Prividium® Breakthrough

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.

Value & ROI

Tokenization at Investment Banks Report

Tokenization at Investment Banks Report

The largest ever industry-wide survey of investment banks on how tokenization and digital assets are impacting their business, sharing granular information on the impact of tokenization use cases across Collateral Mobility, Tokenized Repo, Tokenized FX, and Tokenized Equity Capital Markets.

Memento ZK Chain: Creating the Future of Onchain Fund Management

Reflexivity Research · 2025

Memento ZK Chain: Creating the Future of Onchain Fund Management

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.

The Future of Tokenization: How ZKsync Is Changing the Game

The Block Research · 2024

The Future of Tokenization: How ZKsync Is Changing the Game

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.

Peer adoption

Tokenization at Investment Banks Report

Tokenization at Investment Banks Report

The largest ever industry-wide survey of investment banks on how tokenization and digital assets are impacting their business, sharing granular information on the impact of tokenization use cases across Collateral Mobility, Tokenized Repo, Tokenized FX, and Tokenized Equity Capital Markets.

Tokenized Deposits: The Bank Stack of Ethereum

Reflexivity Research · 2026

Tokenized Deposits: The Bank Stack of Ethereum

How ZKsync's Prividium is enabling regulated banks to issue programmable, always-on digital money anchored to Ethereum. The report covers how tokenized deposits combine the programmability of blockchain with the trust, insurance, and regulatory framework of the traditional banking system — and why ZKsync is becoming the institutional settlement layer.

ZKsync: Building a Trustworthy Settlement Layer

Delphi Digital · 2025

ZKsync: Building a Trustworthy Settlement Layer

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.

ZKsync & Elastic Network's Q1 2025 Wrapped

Delphi Consulting · 2025

ZKsync & Elastic Network's Q1 2025 Wrapped

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.

Memento ZK Chain: Creating the Future of Onchain Fund Management

Reflexivity Research · 2025

Memento ZK Chain: Creating the Future of Onchain Fund Management

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.