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BitGo teams with ZKsync to build tokenized deposit infrastructure to bring banks onchain
🤖AI Summary
BitGo has partnered with ZKsync to develop tokenized deposit infrastructure aimed at bringing traditional banks onto blockchain networks. The platform is currently in testing phase and designed to enable programmable payments while simplifying blockchain adoption for financial institutions.
Key Takeaways
- →BitGo and ZKsync are collaborating to build tokenized deposit infrastructure for banks.
- →The platform is currently in testing phase and not yet live.
- →The solution aims to enable programmable payments for financial institutions.
- →The infrastructure is designed to simplify blockchain adoption for traditional banks.
- →This represents another step toward bridging traditional finance and blockchain technology.
#bitgo#zksync#tokenized-deposits#banking#institutional#programmable-payments#blockchain-adoption#traditional-finance#infrastructure
Read Original →via CoinDesk
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