Following three years of in-depth R&D in verifiable computing and blockchain scalability, Zenith, a MiCA-compliant enterprise-grade Layer 1 network, has officially launched today. Zenith deploys virtual blockchains (VBs) in seconds, breaking down traditional infrastructure barriers to launching scalable blockchain applications. This enables enterprises to launch highly customizable blockchain networks with institutional-grade privacy, instant compliance, and unlimited scalability.

Zenith's architecture supports a variety of innovative applications running in the form of a virtual blockchain (VB) with near-instant transaction confirmation and fast finality, customizable VM (virtual machine) environments such as EVM (Ethereum Virtual Machine) or SVM (Solana Virtual Machine), flexible settlement options (the choice is to run on public chains such as Ethereum, enterprise-level networks such as Canton, or directly on Zenith), and full control over parameters such as block time, finality, and self-sequencing to suit specific use cases.

Zenith has already launched commercial pilots with several major institutions worldwide, representing over $1 billion in assets, to explore next-generation virtual blockchain deployments. Industry giants such as JPMorgan Chase, Goldman Sachs, Robinhood, DTCC, Sony, and Coinbase have already begun building their own blockchain networks to meet specific business needs. Zenith's launch coincides with the rapidly growing demand for customized blockchain infrastructure.

Previously, building such customized blockchain network environments required complex and expensive infrastructure and technical support. Zenith is expected to transform blockchain deployment into an efficient and simple software-driven solution, providing full flexibility, cost-efficiency and customization capabilities for all companies aiming to lead the digital asset revolution.

Zenith was built by the ZkCloud (formerly Gevulot) team and is part of Equilibrium Labs, which was previously acquired by Paxos for its MiCA-compliant EUROe stablecoin and has been widely acclaimed in the institutional services sector since 2017. With its strong background, track record, and over $10 million in funding, the launch of Zenith marks a significant milestone in the development of institutional-grade blockchain solutions.

Led by Founder and CEO Teemu Päivinen, the Zenith team comprises experienced industry experts from blockchain ecosystems such as Ethereum, Solana, Polkadot, Polygon, and Fireblocks, as well as global organizations such as Euronext, Goldman Sachs, Microsoft, UNICEF, and Samsung NEXT. The team's comprehensive capabilities span protocol engineering, cryptography, and large-scale infrastructure operations, with a solid track record of supporting network systems serving millions of daily users. Zenith, with its unique blend of Web 3 innovation and enterprise-grade experience, is poised to become the infrastructure for the next generation of enterprises, balancing growth and compliance.

Teemu Päivinen, Founder and CEO of Zenith, said: "Zenith was born to address the unmet needs of our enterprise clients, as we understand the unmet needs of existing blockchain infrastructure products. Through Zenith, we will provide a professional platform for enterprises to easily launch fully customizable blockchains."

About Zenith

Zenith, a new blockchain architecture, enables enterprises to quickly deploy initial prototypes and build enterprise-grade blockchains at near-zero fixed costs. Designed for institutional excellence, Zenith provides enterprises with the ability to launch highly customizable blockchain networks with institutional-grade privacy, instant compliance, and unlimited scalability.