ZKsync Wants to Fix Crypto’s ‘Silo’ Problem With a New Token Model; ZK Interop

• The Pivot: Founder Alex Gluchowski proposed shifting $ZK from governance to a fee-capturing utility token.
• The Model: Revenue from cross-chain messaging and enterprise licenses would fund token buybacks.
• The Goal: To monetize the “ZK Gateway” as a unified settlement layer for institutional finance.

ZKsync founder Alex Gluchowski has proposed a new utility token model for the innovative Ethereum-based protocol. In his latest post on X, the renowned innovator highlighted various aspects of digital finance that he believes need to be improved upon, while outlining a proposed solution to those needs.

Gluchowski noted a coordination problem in the financial sector, particularly the incompatible messaging networks upon which global finance runs. 

According to him, messages that facilitate financial transactions across the globe are trapped in incompatible …

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