Business Model & Strategy - zkSync 构建了 ZK Stack，旨在为机构运行私有链提供支持 [1] - 该技术正被 35 家企业用于构建主权 L2 [1] - zkSync 的商业模式类似于 AWS，专注于零知识证明服务 [1] - 许可收入可能超过手续费收入，尤其是在机构需要隐私基础设施而非公共链的情况下 [1] Institutional Adoption - 德意志银行正在进行 onboarding [1] - 已经锁定 24 亿美元的 RWA（Real World Assets，真实世界资产）[1] Market Valuation - ZK Token 的市值为 5.28 亿美元 [1]

Privacy Infrastructure Investment - Ethereum Foundation has deployed 47 full-time engineers on privacy infrastructure [1] - Ethereum's commitment surpasses Monero's total of 50 contributors and Zcash's 30 contributors [1] - Ethereum's investment signals a significant focus on privacy compared to dedicated privacy chains [1] Protocol Development and Adoption - December Fusaka upgrade is set to begin delivery [1] - Swift is already building on Linea, validating the privacy thesis [1] Market Perspective - Market is currently pricing Ethereum based on ETF flows rather than protocol dominance [1] - The market is overlooking the potential impact of privacy requirements in the $100 trillion traditional finance (TradFi) sector [1]

The Ethereum Foundation has expanded its privacy initiatives with the launch of the “Privacy Cluster,” coordinated by Igor Barinov and comprising 47 researchers and engineers. Building on the PSE team’s work since 2018, the cluster focuses on full-stack privacy infrastructure. Key projects include Private Reads/Writes, Private Proving, Private Identities/zkID, Privacy Experience, the Institutional Privacy Task Force (IPTF), and Kohaku, a privacy-preserving wallet and SDK. https://t.co/6PFzYCGdaT ...

privacy infrastructure live on solana. privacy cash processed $50m before anyone noticed, arcium's token launches q3 with jump and coinbase backing. zk proofs solving compliance means institutions trade privately. position before jpmorgan arrives. ...