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Chainlink CCIP is available on the ZKsync Era Mainnet

Key recommendations

  • Chainlink CCIP is now live on ZKsync’s Mainnet Era, improving cross-chain interoperability.
  • The integration aims to connect DeFi with TradFi, providing a gateway for institutions into the blockchain space.

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The Chainlink CCIP cross-chain protocol is now live on ZKsync’s Era Mainnet. This integration is part of an ongoing collaboration between Chainlink and ZKsync to create a unified Tier 2 ecosystem on Ethereum and increase access to zero-knowledge technology.

The integration gives users an additional on-ramp to join the Elastic Chain ecosystem and equips Web3 developers with infrastructure for building feature-rich decentralized applications (dApps).

Notably, ZKsync is also a member of Chainlink Scale and aims to connect decentralized finance (DeFi) with traditional finance (TradFi) through this development.

“As more financial institutions move on-chain, the tokenization of real-world assets is growing rapidly,” Marco Cora, Director at ZKsync Foundation. “The need for transparent and secure cross-chain standards is becoming paramount to increase the adoption of blockchains in traditional finance, and with the integration of Chainlink CCIP, ZKsync provides a gateway for these institutions to come on-chain.”

Chainlink CCIP enables developers to create secure applications that run on multiple blockchains. It provides programmable token transfers and arbitrary messaging capabilities, enabling the creation of sophisticated cross-platform smart contracts.

“ZKsync has become a household name in the blockchain industry, quickly building its ecosystem into a strong environment for developers and financial institutions looking to move on-chain,” commented Johann Eid, Chief Business Officer at Chainlink Labs.

We are excited to have been a part of the recent release of Aave V3 on the ZKsync Era, which included the integration of Chainlink Price Feeds through the Scale program. The natural progression in our collaboration was the integration of Chainlink CCIP, enabling seamless access across multiple chains as the ZKsync Era continues to gain momentum in the knowledgeless space.”

This development follows a recent collaboration between Chainlink, Fidelity International and Sygnum, which brought the onchain Net Asset Value (NAV) for Fidelity International’s $6.9 billion Institutional Liquidity Fund. As part of this initiative, Sygnum brought $50 million of Matter Labs’ treasury reserves held in ILF to ZKsync.

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