After three years of verifiable computing and in-depth research on blockchain scalability, the enterprise-level L1 network Zenith is officially launched today, compliant with MiCA regulations. It is reported that Zenith can deploy virtual blockchains (VB) in just a few seconds, breaking the traditional infrastructure barriers for launching scalable blockchain applications, enabling enterprises to initiate highly customizable blockchain networks while ensuring institutional-level privacy, instant compliance, and unlimited scalability.
Zenith's architecture supports various innovative applications running in the form of virtual blockchains (VB) with near-instant transaction confirmation and rapid finality, customizable VM (virtual machine) environments, such as EVM (Ethereum Virtual Machine) or SVM (Solana Virtual Machine), flexible settlement options (choosing to operate on public chains like Ethereum, enterprise-level networks like Canton, or directly on Zenith), and complete control over block time, finality, and self-sequencing parameters to suit specific use cases.
Currently, Zenith has launched commercial pilots in collaboration with several large institutions with global asset scales exceeding $1 billion to explore the next generation of virtual blockchain deployment. Industry giants such as JPMorgan, Goldman Sachs, Robinhood, DTCC, Sony, and Coinbase have begun building their own blockchain networks to meet specific business needs, and the launch of Zenith 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 straightforward software-driven solution, providing all enterprises aiming to lead the digital asset revolution with ample flexibility, cost efficiency, and customization capabilities.
Zenith is developed by the ZkCloud (formerly Gevulot) team, which belongs to Equilibrium Labs, previously acquired by Paxos for its EUROe stablecoin compliant with MiCA regulations, and has received extensive acclaim in the institutional services sector since 2017. With a strong background, past achievements, and over $10 million in funding, the launch of Zenith marks an important milestone in the initiation of institutional-level blockchain solutions.
The Zenith team is led by founder and CEO Teemu Päivinen, with team members being experienced industry experts primarily from blockchain ecosystems such as Ethereum, Solana, Polkadot, Polygon, and Fireblocks, as well as global institutions like European exchanges, Goldman Sachs, Microsoft, UNICEF, and Samsung NEXT. The team's comprehensive capabilities cover protocol engineering, cryptography, and large-scale infrastructure operations, with solid experience in servicing network systems with millions of daily users. With a unique blend of Web 3 innovation and enterprise-level experience, Zenith will become the infrastructure serving the next generation of enterprises.
Teemu Päivinen, founder and CEO of Zenith, stated: “We are well aware of the unmet needs of enterprise clients on existing blockchain infrastructure products, and Zenith was born for this purpose. We will provide a professional platform through Zenith for various enterprises to easily launch fully customizable blockchains.”
About Zenith
As a new blockchain architecture, Zenith enables enterprises to quickly configure initial prototypes and build enterprise-level blockchains at nearly zero fixed costs. Designed for institutional excellence, Zenith provides the capability to launch highly customizable blockchain networks while ensuring institutional-level privacy, instant compliance, and unlimited scalability.
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