Bitfinex to List ZK, Native Token of zkSync Protocol

Bitfinex Lists zkSync Protocol’s Native Token ZK

Road Town, British Virgin Islands – June 14, 2024 – Bitfinex (https://www.bitfinex.com) today announced it will list ZK, the native token of zkSync, a layer-2 rollup protocol built to extend Ethereum.

Launched in 2020, zkSync is designed to scale Ethereum without sacrificing the security or decentralization of the network. It uses zero-knowledge rollups, called “zk-rollups,” to bundle multiple transactions into a single transaction. This approach increases transaction output and minimizes the fees paid by users. zkSync Reportedly The total locked value is over $860 million.

zkSync’s native token, ZK, offers holders several option It depends on the intended use, which may include staking for rewards, paying network fees, or governance voting rights.

“Projects that seek to drive scalability and decentralization are absolutely critical to the future of Web3 and its mainstream adoption,” he said. Henry Child, head of tokens at Bitfinex.We are pleased to add ZK as the latest addition to our diverse digital portfolio.”

To access ZK on Bitfinex, once available, customers can visit: https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to the Bitfinex Terms of Use (“TOS”). U.S. Persons (as defined in the TOS) and other Prohibited Persons (as defined in the TOS) are strictly prohibited from directly or indirectly holding, possessing, or operating an Account (as defined in the TOS) at www.bitfinex.com.

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform providing cutting-edge services for traders and global liquidity providers. In addition to a suite of advanced trading capabilities and charting tools, Bitfinex offers access to peer-to-peer financing, OTC markets and margin trading for a wide range of digital tokens. Bitfinex’s strategy is focused on providing unparalleled support, tools and innovation to experienced traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.

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