UBS Tests Blockchain for Digital Gold Investments via ZKsync

UBS Tests Blockchain for Digital Gold Investments via ZKsync

Giant Swiss Banking ZKsync is being tested by UBS for fractional gold investments. The biggest bank in Switzerland, UBS, is experimenting with blockchain technology to update digital gold investments for individual clients. Using the Ethereum layer-2 (L2) network ZKsync Validium, the financial institution, which oversees more than $5.7 trillion in assets, has finished a proof-of-concept for its fractional gold investment product, UBS Key4 Gold. ...

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