Swiss bank UBS is testing blockchain for digital gold investments using the ZKsync platform. The new product UBS Key4 Gold, built on Ethereum Layer 2, addresses scalability and privacy issues, providing retail investors with a safer and more accessible platform. Unlike the previous version on a private blockchain, ZKsync improves throughput and privacy by storing data off-chain. This move coincided with the launch of a tokenized fund on Ethereum in November 2024.
2/1/2025 2:56:05 PM (GMT+1)
Swiss bank UBS is testing blockchain on ZKsync for digital gold investments, enhancing scalability and privacy for retail investors with Ethereum Layer 2 🚀
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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