Crypto Research and Data, Delphi Digital

Delphi Digital

Crypto Research and Data

Institutional-Grade Crypto Research & Data

Delphi Digital seeks to produce unbiased, actionable content for our clients on critical themes affecting digital assets and distributed ledger technology. Our team is committed to providing investors and institutions with key insights through a diverse suite of products including individual project analysis, bespoke research, and tailored consulting services.

Crypto

zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale.

<ul>
<li>Institutional adoption accelerates with Deutsche Bank, UBS PoC, WonderFi, and Tradable building compliant solutions on ZKsyn9</li>
<li>ZKsync is the second-largest blockchain for tokenized RWAs, capturing over 27% market share, trailing only Ethereum</li>
<li>ZKsync Era dominates ZK rollups, leading in TVS, proof volume, and user activity</li>
</ul>


Institutional adoption accelerates with Deutsche Bank, UBS PoC, WonderFi, and Tradable building compliant solutions on ZKsyn9
ZKsync is the second-largest blockchain for tokenized RWAs, capturing over 27% market share, trailing only Ethereum
ZKsync Era dominates ZK rollups, leading in TVS, proof volume, and user activity


ZKsync & Elastic Network's Q1 Wrapped: Ecosystem & Development Highlights

USDAI is an over-collateralized stablecoin, autonomously managed by JPOW AI Agent to ensure stability and efficiency in the AI-powered DeFi ecosystem!

<ul>
<li>The report by Delphi Consulting presents USD.AI, a DeFi-based solution to fund AI and decentralized infrastructure by enabling short-term loans backed by real-world hardware.</li>
<li>It introduces USDai, a synthetic dollar backed by collateralized hardware assets, offering scalable capital access through on-chain mechanisms.</li>
<li>Legal enforceability is ensured via tokenized ownership under UCC laws, while risks are mitigated through conservative lending terms, insurance, and governance oversight.</li>
</ul>


The report by Delphi Consulting presents USD.AI, a DeFi-based solution to fund AI and decentralized infrastructure by enabling short-term loans backed by real-world hardware.
It introduces USDai, a synthetic dollar backed by collateralized hardware assets, offering scalable capital access through on-chain mechanisms.
Legal enforceability is ensured via tokenized ownership under UCC laws, while risks are mitigated through conservative lending terms, insurance, and governance oversight.


Sui is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures.

On top of strong technical foundations, Sui prioritizes user experience by eliminating barriers commonly associated with blockchain interactions. Through innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui creates a higher standard for user experience within Web3 by ensuring applications are accessible and user-friendly.

<ul>
<li>In Q1 2025, Sui made significant strides in both infrastructure and ecosystem development.</li>
<li>The network introduced BTCfi primitives, enabling native Bitcoin staking and DeFi integrations via protocols like Suilend and Aftermath.</li>
<li>On the tech side, upgrades like Mysticeti v2, Move VM 2.0, and Pilotfish execution sharding enhanced scalability, latency, and modularity.</li>
</ul>


In Q1 2025, Sui made significant strides in both infrastructure and ecosystem development.
The network introduced BTCfi primitives, enabling native Bitcoin staking and DeFi integrations via protocols like Suilend and Aftermath.
On the tech side, upgrades like Mysticeti v2, Move VM 2.0, and Pilotfish execution sharding enhanced scalability, latency, and modularity.


Sui's Q1 Wrapped: BitcoinFi, MEV, and Scaling

zenBTC, Zenrock's flagship product, brings decentralized yield-bearing wrapped Bitcoin to high-performance chains. Launching on Solana & SEI first, zenBTC addresses the critical shortage of wrapped Bitcoin solutions in DeFi's fastest-growing ecosystems.

Powered by $ROCK, Zenrock's decentralized custody network eliminates single points of failure through advanced dMPC technology. This infrastructure enables zenBTC to maintain complete security while generating native yield for holders through partnerships with restaking protocols.

$ROCK serves as the native token for Zenrock's ecosystem, securing the network through staking and governance. Value flows to $ROCK through protocol fees, network activity, and deflationary mechanisms, aligning network security with zenBTC adoption.

<ul>
<li>Zenrock addresses critical blockchain interoperability challenges through its distributed Multi-Party Computation (dMPC) technology.</li>
<li>While existing cross-chain solutions handle significant volumes, they remain vulnerable to security breaches, as evidenced by recent attacks resulting in losses over $965 million.</li>
<li>Built on zrChain and zrSign, Zenrock's dMPC network offers a decentralized, trust-minimized solution for cross-chain communication.</li>
</ul>


Zenrock addresses critical blockchain interoperability challenges through its distributed Multi-Party Computation (dMPC) technology.
While existing cross-chain solutions handle significant volumes, they remain vulnerable to security breaches, as evidenced by recent attacks resulting in losses over $965 million.
Built on zrChain and zrSign, Zenrock's dMPC network offers a decentralized, trust-minimized solution for cross-chain communication.


<ul>
<li>This consulting report explores ZKsync's transformation from a Layer 2 scaling solution into the Elastic Network, a groundbreaking ecosystem of interoperable ZK Chains positioned to revolutionize institutional blockchain adoption.</li>
<li>With Bitcoin ETF inflows exceeding $30B and major players like BlackRock embracing blockchain technology, 2024 has marked unprecedented institutional interest in crypto.</li>
<li>However, widespread adoption faces two key challenges: blockchain fragmentation and the inability of public networks to meet institutional requirements for privacy and compliance.</li>
</ul>


This consulting report explores ZKsync's transformation from a Layer 2 scaling solution into the Elastic Network, a groundbreaking ecosystem of interoperable ZK Chains positioned to revolutionize institutional blockchain adoption.
With Bitcoin ETF inflows exceeding $30B and major players like BlackRock embracing blockchain technology, 2024 has marked unprecedented institutional interest in crypto.
However, widespread adoption faces two key challenges: blockchain fragmentation and the inability of public networks to meet institutional requirements for privacy and compliance.
