UBS is testing zkSync Validium, an Ethereum L2 network with off-chain data storage, for its Key4 Gold gold tokenization program to enhance privacy, scalability, and interoperability

Event date

Feb 1, 2025 - 12:00am

Quotes that support claims

The protocol leveraged zkSync Validium, an L2 network with off-chain data storage

In a proof of concept, UBS deployed smart contracts on a ZKsync Validium testnet. The network was chosen thanks to its enhanced privacy, resource-effective scalability and interoperability