ZKsync partner Cari Network raises $32.5M backed entirely by banks, building tokenized deposits governed by financial institutions for American banking

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ZKsync announced that partner Cari Network has raised $32.5 million, with the round backed entirely by banks. According to the post, Cari is developing tokenized deposits that are built and governed by the institutions holding them, described as a model for the future of American banking. The project is powered by Prividium, ZKsync stated, and aims to bring tokenized deposits into the American banking system. The announcement included links to further details on the funding round and on Cari's technology.

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ZKsync partner Cari Network raises $32.5M backed entirely by banks, building tokenized deposits governed by financial institutions for American banking

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