Memento Blockchain Announces Successful Mainnet Launch of Memento ZK Chain: Pioneering Institutional-Grade Digital Asset Infrastructure

SINGAPORE, May 27, 2025 — Memento Blockchain is proud to announce the successful mainnet deployment of Memento ZK Chain, the world’s first ZKsync Prividium chain designed specifically for regulated financial institutions. This landmark achievement represents a breakthrough in institutional digital asset infrastructure, offering a private chain that leverages the public infrastructure and security properties of Ethereum while retaining data shielding properties. Memento ZK Chain is a fully EVM-compatible network built with the latest ZKsync technology that bridges traditional finance with blockchain innovation.

Redefining Institutional Blockchain Architecture

Memento ZK Chain establishes a new paradigm in financial blockchain infrastructure through three groundbreaking design principles:

Revolutionary ZKsync Prividium Architecture
ZKsync Prividium is a production-ready private blockchain solution designed for enterprises, institutions, and governments. It enables effortless deployment of permissioned blockchains and includes chain configuration, permissions and access control, private RPC, and block explorer — providing a fully-packaged solution with zero trade-offs in privacy or performance.

By keeping state data off-chain while anchoring zero-knowledge proofs to Ethereum, Memento ZK Chain delivers the unique combination of confidentiality and compliance coupled with interoperability across both private and public blockchains. This architecture provides access to digital asset liquidity on public blockchains and ensures bank-grade data privacy, while maintaining settlement finality and cryptographic security that institutions demand.

Hybrid Framework Benefits from Public and Private Infrastructure
The innovative governance model enables public verification of chain state while restricting participation to KYC/KYB-verified entities through on-chain identity solutions. This structure satisfies regulatory requirements while preserving the transparency and auditability benefits of public blockchain technology.

Purpose-Built Fund Management Infrastructure
Native integration with the Memento Digital Fund Management (DFM) Protocol empowers asset managers to seamlessly create, issue, and service multiple fund classes on a single unified platform. Smart contract modules automate and rebalance critical corporate actions — subscriptions, redemptions, splits, and fee distributions.

Strategic Industry Collaborations

Memento ZK Chain’s launch is bolstered by strategic collaborations that validate its real-world utility:

• Deutsche Bank is using Memento ZK Chain to collaborate on a holistic on-chain digital assets/funds servicing platform (Project DAMA 2). The initiative supports a complete lifecycle management of digital funds, with onchain managed privacy, interoperability and paymaster functions, on a public-permissioned architecture to meet the needs of asset managers and institutional distributors.
• External Asset Managers have completed successful sandbox implementations of discretionary portfolio mandates, validating Memento ZK Chain’s capabilities in real-world asset (RWA) management scenarios.
• Initial Axelar Integration — going live later in Q2 — marks the first stage of Memento ZK Chain’s interoperability roadmap, enabling secure routing of fund tokens to selected EVM and non-EVM venues. Subsequent phases will extend to settlement networks, layer-2 rollups, and private-bank DLT nodes.
• Zeeve, Memento Blockchain’s RaaS Partner powered the infrastructure behind Memento ZK Chain, from testnet to a production-grade mainnet readiness. This includes modular deployment pipelines, custom observability, and compliance-aware configurations, ensuring the chain meets institutional-grade performance and auditability benchmarks from day one.

The Future of the Elastic Network

Memento ZK Chain is an institutional entry point to the Elastic Network, designed for regulated asset origination. It provides a secure, compliance-enforced environment for institutional assets to be issued before seamlessly extending to user-preferred execution venues. This architecture enables institutions to maintain regulatory compliance while accessing the liquidity and efficiency benefits of specialized execution environments.

Leadership Perspective

“Today marks a watershed moment in institutional blockchain adoption”, said Nicola Lanteri, CEO of Memento Blockchain. “After years of rigorous R&D, we’ve created an infrastructure that finally resolves the fundamental tension between DeFi’s speed and TradFi’s governance requirements. With Memento ZK Chain, institutions no longer face a binary choice between performance and compliance — they can now have both in a production-ready solution with clear paths to cross-chain distribution.”

Alex Gluchowski, co-inventor of ZKsync, added: “The Prividium implementation in Memento ZK Chain represents exactly the kind of institutional innovation we envisioned when developing the ZKsync Stack. By inheriting Ethereum’s security guarantees while protecting sensitive financial data, Memento is pioneering a new frontier in regulated DeFi that will accelerate institutional adoption.”

“Memento ZK Chain’s successful transition to mainnet reflects not just technical prowess, but production-grade maturity in institutional blockchain infrastructure”, said Dr. Ravi Chamria, Co-founder and CEO of Zeeve. “We’re proud to support their journey with Zeeve Rollups-as-a-Service and look forward to enabling further innovation in regulated DeFi alongside Memento.”

Immediate Availability

Financial institutions can initiate the onboarding process by submitting compliance documentation to onboarding@mementoblockchain.com to receive their digital identity token, enabling wallet whitelisting, node staking privileges, and protocol governance rights.

Learn more about Memento Blockchain on our website, and join us in shaping the future of finance on our X account and Telegram group.

About Memento Blockchain

Founded in 2017, Memento Blockchain develops enterprise-grade infrastructure for the digital asset management industry. The company’s integrated product suite — comprising the Memento DFM Protocol and Memento ZK Chain — enables asset managers, banks, and financial technology providers to tokenize, distribute, and service investment products with unprecedented operational efficiency while maintaining regulatory compliance.

Media Contact

Press Inquiries:
info@mementoblockchain.com
+65 9787 5323

Note to editors: Additional media resources, executive headshots, and technical whitepapers are available in our press kit at info@mementoblockchain.com.