ZIGChain, a Layer 1 blockchain focused on onchain wealth infrastructure, has revealed that vault products across its ecosystem have crossed $50 million in total value locked (TVL).
ZIGChain has introduced tokenized exposure to global stocks and ETFs onchain for eligible users through an integration with Ondo Finance. Its first product from the integration was a SpaceX vault. This provides eligible investors with onchain exposure linked to the private technology company.
“Stablecoins solved an incredibly important problem: they gave millions of people access to digital dollars,” said Abdul Rafay, CEO of ZIGChain. “But access to money is not the same as access to wealth. Across many emerging markets, people can now hold dollars and move money globally, yet they still cannot access the investment products available to someone in New York or London. That is the gap we are building ZIGChain to close.”
The company is also targeting institutional participation. Laser Digital, the digital asset arm backed by Nomura, has invested in ZIG and partnered with ZIG Markets on a pipeline of vault products targeting a combined $100 million in TVL.
ZIGChain has also partnered with ADI Chain to explore real-world financial markets including receivables financing, PayFi, SME working capital and private credit.
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